underinsurance

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A generic term for health insurance policies that require large out-of-pocket payments, and provide suboptimal coverage for common conditions

underinsurance

Managed care A generic term for insurance policies that require large out-of-pocket payments, and provide suboptimal coverage for common conditions Examples Lack of coverage for catastrophic medical expenses, pre-exisiting condition clauses, benefits-not-provided clauses, deductibles, coinsurance. See Underinsured.