One method of providing group health insurance is a basic medical expense plan supplemented with major medical insurance.The insured is required to pay a deductible between where the basic coverage ends and where the major medical coverage begins.This deductible is called a(n)
A)corridor deductible.
B)waiting period.
C)aggregate deductible.
D)straight deductible.

Question

Quizplus · Accepted Answer

A corridor deductible is a specific type of deductible that is used in this situation where a basic medical expense plan is supplemented with major medical insurance. It is defined as the portion of the medical expenses that must be paid by the insured between the basic coverage limit and the major medical coverage limit.

One Method of Providing Group Health Insurance Is a Basic