Deductibles

Catastrophe Policy
A major medical expense policy designed to pay all or nearly all expenses above a certain deductible amount, up to the limit of the policy.
Comprehensive Health Insurance
Comprehensive health insurance provides extensive coverage for hospital and physician charges, incorporating elements of both basic medical expense and major medical policies, subject to deductibles and coinsurance.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.