Definitions for "Benefit Maximum"
the most a policy will pay for a given expense; it may be expressed in days or in dollars.
Either a certain number of days or a dollar amount expressing what a policy will pay for a given service. This is the “most” that the policy will pay. It may pay less due to other policy limitations.
The most a health insurance policy will pay for a specified loss or covered service. The benefit can be expressed as either a period of time, a dollar amount or a percentage of the approved amount. Benefits may be paid to the policyholder or a third party.
Keywords:  cap, see
See benefit cap.