Underinsured definition

Underinsured means a household with out-of-pocket medical expenses greater than 5% of the household’s annual income.
Underinsured means a person who has some health insurance, but whose insurance does not adequately cover the types of health services for which a school district may receive federal matching funds under this section.
Underinsured means that a person does not have adequate insurance, which is determined on cost-exposure to family income with at least one of three indicators: (1) out-of-pocket medical expenses equal to or greater than 10 percent of income; (2) out-of-pocket medical expenses equal to or greater than 5 percent of income if income is less than 200 percent of the federal poverty level; and (3) health plan deductibles equal to or greater than 5 percent of income.

Examples of Underinsured in a sentence

  • G Underinsured – Insured patients whose out-of-pocket medical costs exceed 25% of their family income.

  • Section 1 – Insuring Agreements The following coverages are subject to all of the provisions of this Part E– Uninsured & Underinsured Motorist Coverage, Part I – General Conditions and Part A -- Definitions.

  • You and your Relatives maintain Uninsured Motorist Coverage and Underinsured Motorist Coverage at limits equal to or20 greater than the Minimum Limits of Coverage as shown in the Required Basic Policies section of the Declarations for such21 coverages.

  • If coverage for a comprehensive loss or collision loss exists under both this Part F and either Part E – Uninsured & Underinsured Motorist Coverage of this policy or similar coverage under another policy, you may choose the coverage from which compensable damages will be paid.

  • Uninsured/ Underinsured Motorist CoverageM.C.L.A. § 600.5807(8)In the absence of a contractual limitations provision, suit for UM/UIM benefits is governed by the six-year statute of limitations applicable to contract actions, not the three-year period applicable to claims for injury to person or property.


More Definitions of Underinsured

Underinsured means any health plan that does not meet the “Minimum Essential Coverage” standard as defined under the Affordable Care Act in existence as of July 1, 2017.
Underinsured means an individual with income at 250 percent of the federal poverty guideline or lower with health insurance that has unreasonably high copayments, deductibles or coinsurance.
Underinsured means having medical insurance that does not cover all or part of the cost of a vaccination.
Underinsured means an individual who has health insurance coverage including prescription drugs, but for whom the prescription drug coverage is inadequate for their needs.
Underinsured means an individual with income at 250 300 percent of the federal poverty guideline or lower with health insurance that has unreasonably high copayments, deductibles or coinsurance.ITEM 3. Rescind the definitions ofFederally qualified health center,” “Medical advisory board” and “Radiologist” in rule 641—10.2(135).ITEM 4. Amend subparagraph 10.3(2)“a”(2) as follows:(2) Colonoscopy every 10 years from initial screen or as prescribed by a physician for surveillance in accordance with USPSTF recommendations;ITEM 5. Amend subparagraph 10.3(2)“b”(4) as follows:(4) Surgery or surgical staging, unless specifically required and approved by the IGS program’s MAB to provide a histological diagnosis of cancer;ITEM 6. Amend subparagraph 10.3(2)“b”(11) as follows:(11) Use of propofol as anesthesia during endoscopy, unless specifically required and approved by the IGS program’s MAB program in cases where the participant cannot be sedated with standard moderate sedation; andITEM 7. Amend paragraphs 10.3(5)“e” to “i” as follows:e. Accurate data collection and documentation.
Underinsured means a “motor vehicle” which is insured at the time of the accident by a bodily injury liability policy, bond, self-insurer or governmental agency or unit, but all available limits for bodily injury liability for the accident are less than the total damages an insured person is legally entitled to recover from the negligent motorist(s).
Underinsured means any person who does not have adequate insurance coverage