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Which term refers to the amount of money a person has to pay before the insurance company will cover the costs of a claim?
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4 votes
Which term refers to the amount of money a person has to pay before the insurance

company will cover the costs of a claim?

User Muneeb Ali
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1 Answer

4 votes
Deductible A fixed dollar amount during the benefit period - usually a year - that an insured person pays before the insurer starts to make payments for covered medical services.
User Malmling
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