Does the Medical Expense Plan contain a deductible?
Yes, the insurance plan contains a $100 “disappearing deductible”. The deductible disappears to the extent that parent’s existing health insurance, if any, has responded to the medical bills. As a general rule, the $100 deductible will only be applied when there is no existing health insurance in force on the injured participant resulting in this insurance plan providing “primary” coverage. On the other hand, when existing health insurance is in force on behalf of the injured participant, this plan will not apply its $100 per claim deductible to the extent that the existing insurance has paid at least $100.
Related Questions
- I elected to contribute $100 per month or $1,200 for the plan year into a medical expense FSA. If I have $100 in my account in September, but incur a $300 expense, how much can I be reimbursed?
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- Does the Medical Expense Plan contain a deductible?
