Nathanial Drummond has three different insurance policies. He has been injured in an accident and has incurred $30,000 in medical bills. There is a clause in all of his insurance contracts the makes sure that he receives no more than $30,000 in payments from his insurance companies. This clause is called:

A. deductible.

B. coinsurance.

C. coordination of benefits.

D. major medical expense insurance.

Its not C

Question

Business

Thomas Melendez

4 October, 23:03

Nathanial Drummond has three different insurance policies. He has been injured in an accident and has incurred $30,000 in medical bills. There is a clause in all of his insurance contracts the makes sure that he receives no more than $30,000 in payments from his insurance companies. This clause is called:

A. deductible.

B. coinsurance.

C. coordination of benefits.

D. major medical expense insurance.

Its not C

+3

Answers (1)

Know the Answer?

Miriam Douglas · Answer 1

The answer is D. Major medical insurance.

This usually covers all healthcare including prescription medicine and out-patient costs and even other services like physical therapy and mental health. Unlike basic health care, this kind of insurance sets a limit on your medical expenses, even if you have very costly treatment.