insurance

What are benefit levels?

 

What are benefit levels?

The Bankrate.com financial term of the day is: "benefit levels."

With health insurance, you might choose a plan that always provides for pricey amenities such as a private hospital room. Or, you might go with something more basic, or even barebones. It's a choice of benefit levels -- the degree of services or procedures that a person can receive under a health insurance policy.

When you shop for health insurance, you want to compare benefit levels -- the grades of coverage you'll be receiving under different plans.

To shop for insurance to fit your needs, visit the Insurance section at Bankrate.com.

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