Meaning Annual limit
What does Annual limit mean? Here you find 10 meanings of the word Annual limit. You can also add a definition of Annual limit yourself
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Annual limitA cap on the benefits your insurance company will pay in a year while you're enrolled in a particular health insurance plan. These caps are sometimes placed on particular services such as prescri [..]
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Annual limitMany health insurance plans place dollar limits upon the claims the insurer will pay over the course of a plan year. Beginning September 23, 2010, PPACA phases annual dollar limits will be phased out [..]
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Annual limitA cap on the benefits your insurance company will pay in a year while you’re enrolled in a particular health insurance plan. Caps are sometimes placed on particular services such as prescriptions or hospitalizations. Annual limits may be placed on the dollar amount of covered services or on the number of visits that will be covered for a particular [..]
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Annual limitThe maximum amount a student can borrow from a certain loan program in a given academic year. (Once the maximum annual limit is met, the student cannot borrow any more funds for that academic year).
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Annual limitMany health insurance plans place limits on how much money they will pay you or your doctor over the course of a plan year. Health care reform bans annual limits for essential benefits for plan years starting after Sept. 23, 2010.
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Annual limitAn insurance plan may limit the dollar amount it will pay during one year for a certain treatment or service, or for all benefits provided in a year.
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Annual limitAn insurance plan may limit the dollar amount it will pay during one year for a certain treatment or service, or for all benefits provided in a year.
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Annual limitThe maximum amount of benefits payable for particular items or services, or a group of services and/or items within a calendar year. In most cases the limit will apply per member, but it can apply per [..]
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Annual limitThe maximum amount that can be paid out to settle your claims for one policy year. The higher your annual limit, the higher your premium will be.
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Annual limitAnnual limit is the maximum dollar amount an insurance company will pay for claims within a given year for any person they cover. Your plan details or benefit summary will list your yearly limit. This can also be called your calendar year maximum for dental plans. Some plans, such as certain types of HMOs, might not have an annual limit. And, under [..]
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