A period of time over which the interest rate of a loan is discounted, fixed or capped.
the period of time during which benefits are available, such as a year or for the life time of the contract.
A period of time, typically one to three years, during which major medical benefits are paid after the deductible is satisfied. When the benefit period ends, the insured must then satisfy a new deductible in order to establish a new benefit period.
A way of measuring the claimant's use of services under Medicare's Hospital Insurance. The claimant's first Benefit Period starts the first time he/she enters a hospital after his hospital insurance begins. When the claimant has been out of a hospital (or other facility primarily providing skilled nursing or rehabilitation services) for 60 days in a row, a new benefit period starts the next time he enters the hospital. There is no limit to the number of benefit periods a person can have.
The period of time used to measure a member's use of benefits. Frequently, this is used with benefits that have limitations or maximums on a calendar year basis or a cycle of care basis. A common Medicare example: A Benefit Period begins on the first day of an inpatient hospital or skilled nursing facility stay and ends when the member has been out of a hospital or skilled nursing facility for 60 consecutive days. apitation
The manner in which Medicare measures a beneficiary's use of hospital and skilled nursing facility services. The benefit period begins the day the beneficiary is admitted to the hospital or skilled nursing facility. The benefit period ends when 60 days go by without hospital or skilled nursing care. If the beneficiary is readmitted prior to the 60-day period expiring, no new benefit period begins; the old benefit period merely continues. The number of benefit periods a beneficiary can have is unlimited.
The maximum length of time specified in an insurance product during which benefits will be paid.
The period of time for which payments for covered services are available. A period begins, for example, when a patient is admitted to a hospital and ends when at least 90 days have passed during which the patient has not been confined in any hospital or similar institution.
A time period over which the interest rate of a loan is discounted, fixed or capped, for example.
The period of time a health plan will pay for covered benefits. Benefit periods are usually one year. They don't always reflect a calendar year, so be sure and check your policy. This is also a Medicare term, with a more specific definition. A Medicare benefit period covers 90 days. It begins the first day you receive inpatient hospital services that Medicare covers. The services also can be from a skilled nursing facility. It ends when you have been out of the hospital or skilled nursing facility for 60 days. A new benefit period begins the next time you get inpatient hospital care. There is no limit to the number of benefit periods you can have
In reference to health insurance, the maximum length of time benefits will be paid for any one accident, illness or hospital stay.
The length of time specified in a policy during which benefits will be paid to a disabled insured.
a way of measuring your use of Medicare Part A services
Period for application of deductibles or benefits, after which deductibles must be satisfied or benefits be made available again.
In health insurance, the number of days for which benefits are paid to the named insured and his or her dependents. For example, the number of days that benefits are calculated for a calendar year consist of the days beginning on January 1 and ending on December 31 of each year.
The period of time for which benefits are payable under an insurance contract.
How long a policy will pay benefits to the insured...
Period for application of deductible, after which time deductible must again be satisfied.
The period of time for which we pay Benefits for Covered Services rendered while the Contract was in effect.
The interval in which you are able to receive benefits. Usually, it starts with medical service received for an illness and ends after the patient has not been hospitalized for 60 consecutive days.
In a long-term care insurance policy, the maximum length of time specified in the contract during which benefits will be paid. Periods available vary considerably from policy to policy and insurer to insurer, ranging from as short as one year to a lifetime. In some cases, especially for longer benefit periods, a maximum dollar limit may also apply. For example, the policy might provide for a lifetime benefit period capped at $500,000 maximum benefits. When $500,000 in benefits have been paid, benefits cease even if the insured is still living and receiving long-term care.
This refers to how long you will get the benefits from the insurance. The longer the time period, the more the insurance will cost. Common periods offered in disability policies are two or five year, until you are 65 or for the rest of your life.
The length of time that benefits will be received under the terms of the contract. There may be more than one benefit period in some types of policies. p 141
The length of time for which disability income benefits will be payable to the claimant under a policy. Examples: two years, to age 65, and in some cases, lifetime.
The time for which an insurance company covers the designated insured or dependents for the benefits.
In long term care policies, how long the benefits will last, usually stated in terms of a maximum number of days, years, or visits.
Time frame in which the interest rate of a mortgage is discounted. (See fixed or capped).
How Original Medicare measures a beneficiary's use of hospital or skilled nursing facility (SNF) services. A benefit period begins the day a person goes into a hospital or SNF and ends when he/she hasn't received hospital or SNF care for 60 consecutive days.
determines how long your Long Term Care insurance policy will continue to pay for your care. Benefit periods can be a set number of years, a set number of dollars or unlimited benefits.
The way that Medicare measures your use of hospital and skilled nursing facility services. A benefit period begins the day you go to a hospital or skilled nursing facility. The benefit period ends when you have not received hospital or skilled nursing care for 60 days in a row. A new benefit period begins if you go to the hospital the day after a benefit period ends. You must pay the inpatient hospital deductible for each benefit period. There is no limit to the number of benefit periods you can have.
The benefit period is usually defined as that maximum period of time, beginning at the conclusion of the elimination period for which disability income benefits are payable during the continuation of the insured's disability.
A method for measuring a beneficiary's use of services covered by Medicare. A benefit period begins the day the beneficiary is hospitalized or enters a skilled nursing facility. It ends after the beneficiary has been out of the hospital or facility for a period of 60 consecutive days. If the beneficiary requires additional facility care after the 60-day period, a new benefit period begins.
A benefit period begins the first day of a Medicare covered inpatient hospital stay and ends after 60 consecutive days during which you were neither an inpatient of a hospital nor of a skilled nursing facility (SNF). There is no limit to the number of benefit periods.
The longest period of time for which benefits are payable for continuous disability. Typical benefit periods are 2 year, 5 year, to age 65 or lifetime.
Medicare hospital and skilled nursing facility benefits are paid on the basis of benefit periods or "spell of illness." A benefit period begins the first day you receive a Medicare-covered service in a qualified hospital or skilled nursing care facility. It ends when you have been discharged for 60 days in a row. It also ends if you remain in a facility (other than a hospital) that primarily provides skilled nursing or rehabilitative services, such as a nursing home but do not receive any skilled care there for 60 days in a row. If you enter a hospital again after 60 days, a new benefit period begins. With each new benefit period, Part A hospital and skilled nursing facility benefits are renewed except for any lifetime reserve days or psychiatric hospital benefits you used. There is no limit to the number of benefit periods you can have for hospital or skilled nursing facility care.
The maximum time, usually in days, that a policy will pay the daily benefit. The average stay in a skilled nursing facility is 2.8 years, so many people choose either a 3 year plan (1095 days) or 4 year plan (1465 days) to cover the average stay plus a little time to spare. Others feel safest with an unlimited benefit period.
Biweekly mortgage Blanket insurance policy
The amount of time during which Medicare pays for hospital and skilled nursing facility (SNF) services. A benefit period begins the first day you enter the hospital or SNF and ends when you no longer receive hospital or skilled care in a SNF for 60 days in a row. With each new benefit period, you pay a new deductible. Your coinsurance is determined by the number of days you have been in the facility during each benefit period.
The interval in which you are able to receive benefits. Typically, the benefit period begins with the first medical service received for an illness and ends after you have not been hospitalized due to the condition for 60 consecutive days.
The maximum number of days for which benefits can be paid for anyone or successive periods of confinement or disability.
under many long-term care insurance policies, this is the length of time your insurance will last if you receive care every day at a cost equal to or more than your daily benefit amount. If your care costs less, your insurance will last longer than the benefit period. The benefit period is usually used together with your daily benefit amount to calculate your maximum lifetime benefit.
The amount of time benefits will be paid under a LTCI policy.
The length of time your long-term care policy will pay benefits. This is usually calculated in time periods such as a 1,2,3,4,5,6 year or lifetime.
The period of time during which benefits are normally payable for an accidental death or hospital indemnity policy offering daily, weekly or monthly payments.
The maximum period that an individual can receive benefits for a qualified long-term care event.
Medicare term for a period of consecutive days that begins with the first day a patient enters a hospital or skilled nursing facility and ends when the patient has been out of the facility 60 days. General Motors term indicating when an enrollee is eligible to receive benefits, or denoting a period of time for specific coverage, such as hospice.
The length of time for which benefits in a long-term care insurance contract may be paid. For example: one, two, three, four, five years or lifetime.
A period of time during which eligible benefits are covered and payable under the policy.
The specified time during which benefits will be paid under certain types of health insurance coverages. (1) For disability income coverage, the length of time during which disability income benefits are paid, typically lasting from less than a year to age 65 or 70. (2) For long-term care coverage, the number of days, months, or years during which a LTC policy will pay a daily benefit amount.
Maximum length of time during which the benefits will be paid as per the long term care insurance inclusions.
The length of time that a policy will pay the daily benefit (usually calculated by multiplying the daily benefit amount times the days of covered care).
A benefit period is a way of measuring a beneficiary's use of hospital and skilled nursing facility services covered by Medicare. A benefit period begins the day the beneficiary is hospitalized. It ends after the beneficiary has been out of the hospital or other facility that primarily provides skilled nursing or rehabilitation services for 60 days in a row. If the beneficiary is hospitalized after 60 days, a new benefit period begins, most Medicare Part A benefits are renewed, and the beneficiary must pay a new inpatient hospital deductible. There is no limit to the number of benefit periods a beneficiary can have.
As defined by Medicare, this begins when you first enter a hospital or skilled nursing facility. It ends when you have been discharged, and not readmitted to a hospital or other facility for at least 60 consecutive days.
the maximum length of time that insurance benefits will be paid for any one accident or illness.
The period of time that begins when the insured becomes eligible for benefits and ends when the insured has been out of claim service for a given period of time, such as 60, 90 or 120 days.
In a disability income insurance policy, the length of time during which disability income benefits will be paid.
The time period that Medicare uses to measure an individualâ€(tm)s use of hospital and skilled nursing facility care. A benefit period begins the day an individual enters a hospital or skilled nursing facility (SNF). The benefit period ends after the individual is released and hasn't received any further hospital care (or skilled care in a SNF) for 60 consecutive days. If an individual goes into the hospital after one benefit period has ended, a new benefit period begins. The inpatient hospital deductible may be charged for each benefit period. There is no limit to the number of benefit periods an individual may have.
Medicare uses benefit periods to measure your usage of hospital and skilled nursing facility services (SNF). A benefit period starts when you go to a hospital or SNF and ends after you have not recieved care for 60 consecutive days. If you go to a hospital or skilled nursing facility after that 60 days, a new benefit period starts. As a member, you are responsible for any applicable inpatient deductibles, and there is no limit to the number of benefit periods you can have.
Defines the period during which a Medicare beneficiary is eligible for Part A benefits. A benefit period is 90 days which begins the day the patient is admitted to a hospital and ends when the individual has not been hospitalized for a period of 60 consecutive days.
The maximum length of time for which benefits will be paid under the terms of the policy.
The period of time that benefits are normally payable for a disability.
The maximum amount of time you may receive benefits for each Continuous Disability. Subject to underwriting requirements, you may choose a Benefit Period of two years, five years or to your normal retirement age at 66 or 67.
In health insurance, the length of time money will be payable by the insurer to the insured under the provisions of an insurance policy.
The amount of time an insurance company will make payments to the individual to pay for care, etc after the deductible has been satisfied.
Benefit Period is the maximum time period up to which the plan will pay benefits for any one eligible condition. Some policies have a 12 month while others have a 6 month benefit period; usually this period can extend beyond the date of policy expiration.
A benefit period begins the day you go to a hospital or skilled nursing facility. The benefit period ends when you haven't received hospital or skilled nursing care for 60 days in a row. If you go into the hospital after one benefit period has ended, a new benefit period begins. You must pay the inpatient hospital deductible for each benefit period. There is no limit to the number of benefit periods you can have.
The length of time the insurance will last if the insured receives care every day which is reimbursed at a level equal to or more than the daily (or weekly) benefit amount (DBA). If the reimbursement is less than the DBA, the insurance will last longer than the benefit period. The benefit period is used together with the DBA to calculate the maximum lifetime benefit.
A period of time during which benefits are payable under a plan or insurance contract.
The number of years an insurance policy will provide benefits. Many disability and long-term care insurance policies offer buyers a choice of between three and five years; some offer lifetime benefits.
The time during which periodic income benefits will be paid under a disability income insurance policy.
The amount of time insurance coverage is effective starting on the effective date of coverage and typically ending one year later (e.g. July 1 to June 30 or April 1 to March 31).
A period of time typically one to three years during which disability income or long term care benefits are paid after the waiting period is satisfied.
Maximum length of time that insurance benefits will be paid for any one accident, illness or hospital stay.
The period of time which an insurance company pays benefits to the named insured or dependents.