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përfitime

The portion of the costs of covered services paid by a health plan. For example, if a plan pays the remainder of a doctor's bill after an office visit copayment has been made, the amount the plan pays is the "benefit." Or, if the plan pays 80% of the reasonable and customary cost of covered services, that 80% payment is the "benefit."

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  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Health care
  • Category: General
  • Company: CIGNA
  • Product:
  • Acronym-Abbreviation:
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