Maximum Dollar Limit

The maximum amount of money that an insurance company (or self-insured company) will pay for claims within a specific time period. Maximum dollar limits vary greatly. They may be based on or specified in terms of types of illnesses or types of services. Sometimes they are specified in terms of lifetime, sometimes for a year.


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Benefit
Carrier
Certificate of Insurance
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Dependents
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HIPPA
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Lifetime Maximum Benefit
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Out-of-pocket Maximum
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Second Surgical Opinion
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State Mandated Benefits
Stop-loss
Usual, Customary, & Reasonable (UCR) or Covered Expenses
Waiting Period

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