insurance

What are covered expenses?

 

What are covered expenses?

The Bankrate.com financial term of the day is: "covered expenses."

In pioneer days, there were covered wagons. In social circles, there are covered dishes. And in health insurance, there are covered expenses. These are the medical services and other costs that your insurance will take care of.

Health insurance typically comes with exclusions and limits, encompassing things your plan won't cover. The covered expenses are all of the things that your plan will pay for.

To compare insurance policies, get a quote by visiting the Insurance section at Bankrate.com.

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