benefit period

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benefit period

A period of hospital or skilled nursing use by the beneficiary of an insurance policy, which begins on the day of admission and ends when the recipient has not received hospital or skilled nursing care for 60 consecutive days. The beneficiary must pay the inpatient hospital deductible for each benefit period; there is no limit on the number of benefit.

The period during which a Medicare beneficiary is eligible for Part-A benefits. A typical benefit period is 90 days, which begins the day the patient is admitted to a hospital and ends when a person has not been hospitalised for a period of 60 consecutive days.

ben·e·fit pe·ri·od

(benĕ-fit pērē-ŏd)
Classification used by Medicare to define the period starting with the first day of hospitalization and ending when the patient has been out of the hospital for 60 consecutive days.
References in periodicals archive ?
Thus, the most recent advancements with respect to leave and benefits involve recognition of both parents' entitlement to leave and benefits, plus the lengthening of leave and benefit periods for adoptive parents.
Extension of the benefit period allows unused benefits to be received beyond the original benefit period.
At the time of purchase, of course, no one knows the length of benefit period needed.
The 90-day benefit period starts again with each spell of illness.
The most obvious advantage of disability income insurance is that the policy will provide a benefit payment equal to a certain percentage of the disabled individual's income for the duration of the disability or the length of the policy's benefit period, as explained below.
The claims are also supposed to help maintain accurate benefit period information.
Worksite disability products typically offer simple definitions, total-only disability benefits, one- or two-year benefit periods and simplified underwriting such as a health questionnaire rather than a complete medical application, depending on group characteristics.
The patient may, however, switch back to fee-for-service care at any time and has no limit on hospice benefit periods for doing so.
Four-Year and Unlimited Benefit Periods Long-term care insurance policies are written for varying benefit period lengths.
You can choose a 30 or 60-day excess period, and between 12 and 18-month benefit periods.