insurance

What are allowable costs?

 

 

What are allowable costs?

The Bankrate.com financial term of the day is: "allowable costs."

What does your health insurance cover? That's a big question, of course, but there is one very simple answer: allowable costs. The allowable costs are the charges for medical services that your health plan will pay for.

"Allowable costs" is a fancy way of saying the medical bills that your health insurance will cover.

To get an insurance quote, visit the Insurance section at Bankrate.com.

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