allocated benefits
(redirected from Allocated Benefit)Also found in: Financial.
allocated benefits
Payments (benefits) authorised by an insurer for specific purposes with a maximum specified for each; in hospital policies, there may be scheduled benefits for X-rays, drugs, dressings and other specified expenses.Segen's Medical Dictionary. © 2012 Farlex, Inc. All rights reserved.
allocated benefits
Health insurance Payments authorized for specific purposes with a maximum specified for each; in hospital policies, there may be scheduled benefits for X-rays, drugs, dressings, and other specified expenses. See Benefits.McGraw-Hill Concise Dictionary of Modern Medicine. © 2002 by The McGraw-Hill Companies, Inc.