common deductible

common deductible,

n a deductible amount that is common to the dental and another health insurance policy (usually a major medical policy). In a major medical policy with a $100 common deductible, once $100 of medical or dental expense has been incurred under either policy or both, no further deductible is required.
References in periodicals archive ?
We analytically and numerically derive, using option-pricing techniques, the actuarially fair premium for the five most common deductible insurance policies.
The most common deductible level for an individual was $2,000 to $2,999.
The most common deductible was $100 for the first day in the hospital.
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