Deductible definition

Deductible has the meaning set forth in Section 11.1(e).
Deductible has the meaning set forth in Section 7.4(a).
Deductible means the amount of charges that must be incurred by an Insured before benefits become payable. The amount of the deductible is shown in the Schedule for each benefit to which a deductible applies.

Examples of Deductible in a sentence

  • Exhibit B Blue Care Elect Deductible SM MIIA PPO Benchmark Plan v.2 7/1/2020 – 6/30/2022 When You Choose Non-Preferred Providers Your deductible is the amount of money you pay out-of-pocket each plan year before you can receive coverage for most benefits under this plan.

  • FY HMO PPO High Deductible 19 83.5 83.5 85 20 82 82 85 21 82 82 85 22 81 81 85 23 81 81 85 24 80 80 85 If MIIA/BCBSMA offers any new or additional HMO, PPO, PPO-Type, and/or Indemnity plans during the life of this agreement, the same contribution rate shall apply.

  • Effective the first of the month following six months (three months for Skilled Trades) of employment: Prescription Drugs - Deductible $2.00 per prescription.

  • Deductible levels shall be provided in writing from the Grantee’s insurer and will be no more than $25,000.00 per occurrence.

  • For the duration of this Agreement, the City shall contribute the appropriate percent of the premium or cost for any HMO, PPO, or High Deductible plans offered by MIIA/BCBSMA as indicated in the chart below and the subscriber shall contribute remaining percent.


More Definitions of Deductible

Deductible means a fixed amount of Eligible Expenses that, in a Policy Year, the Policy Holder must pay before the Company shall reimburse the remaining Eligible Expenses.
Deductible shall have the meaning set forth in Section 10.5(a).
Deductible means a cost sharing requirement under a health insurance policy that provides that the insurer will not be liable for a specified rupee amount in case of indemnity policies and for a specified number of days/hours in case of hospital cash policies which will apply before any benefits are payable by the insurer. A deductible does not reduce the Sum Insured.
Deductible means the amount which shall be borne by the Insured in respect of each and every claim made under this Policy. The Company’s liability to make any payment under the Policy is in excess of the Deductible.
Deductible means the amount that you must pay each plan year before we begin to pay for certain covered healthcare services. See the Summary of Medical Benefits for your plan year deductible, benefit limits and to determine which services are subject to the deductible.
Deductible means the dollar amount of Covered Expenses that must be incurred as an out- of-pocket expense by each Covered Person per Covered Accident or Sickness basis before Medical Expense Benefits and/or other Additional Benefits paid on an expense incurred basis are payable under the Policy.
Deductible is defined in Section 8.3(b)(i).