select the correct answer.\nwhat is the name for the highest amount a policyholder pays for deductibles…

select the correct answer.\nwhat is the name for the highest amount a policyholder pays for deductibles, coinsurance, and copayments?\na. benefit maximum\nb. coverage maximum\nc. out - of - pocket maximum\nd. premium maximum

select the correct answer.\nwhat is the name for the highest amount a policyholder pays for deductibles, coinsurance, and copayments?\na. benefit maximum\nb. coverage maximum\nc. out - of - pocket maximum\nd. premium maximum

Answer

Brief Explanations:

The out - of - pocket maximum is the highest amount a policyholder will have to pay for deductibles, coinsurance, and copayments in a given period. A benefit maximum is related to the maximum benefits the insurer pays. Coverage maximum is not the correct term for this concept. Premium maximum is about the highest premium amount, not out - of - pocket costs.

Answer:

C. out-of-pocket maximum