What is a benefit package?
The Bankrate.com financial term of the day is: "benefit package."
Does your health insurance provide you with a discount to join a health club? Does it cover alcohol or drug abuse treatment? What prescriptions can you expect your plan to pay for? Your benefit package includes all of these sorts of things -- in other words, the specifics of what you get under your health insurance policy.
The full slate of coverage you receive from your health insurance -- all tied up with a bow -- is called your benefit package.
To get an insurance quote, visit the Insurance section at Bankrate.com.
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