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.
Segen's Medical Dictionary. © 2012 Farlex, Inc. All rights reserved.

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.
Medical Dictionary for the Health Professions and Nursing © Farlex 2012
References in periodicals archive ?
Figure S2: Lowest Socioeconomic Quartile: Adjusted Difference in Medicaid Entry within Six Months for Beneficiaries with Second Hospital Admission in Different Benefit Periods.
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.
Graded lifetime benefit products extend benefits for a total disability beyond the maximum benefit period or expiration--expiry--date of the policy.
Extension of the benefit period allows unused benefits to be received beyond the original benefit period.
However, if Bob had chosen a less expensive policy (such as a four-year policy benefit period), Bob's long-term care costs for the first four years of nursing home stay (about $240,000) would have been covered by his long-term care policy; depending on how long Bob lived, he may or may not have exhausted his policy limits.
Post-hospital extended care in a skilled nursing facility for up to 100 days in each "benefit period." The patient pays nothing for the first 20 days.
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.
Benefit periods range from one year to lifetime, with premiums going up as the benefit period increases.
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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.