How Med IV Works
Coinsurance Plans
Each
Calendar Year
First
You pay your deductible |
|
Then
Costs are shared in accordance with the coinsurance
arrangement you selected, until you reach your annual coinsurance limit. |
|
Then
Med IV pays the remainder of covered charges
for the rest of the year up to a lifetime maximum of $5,000,000 per person. |
100 Percent Plans
Each
Calendar Year
First
You pay your deductible |
|
Then
Med IV pays the remainder of covered charges for the rest
of the year up to a lifetime maximum of $5,000,000 per person. |
|
|
Customize Coverage to Fit Your Needs
When you buy any Med IV Personal Major Medical Plan, you customize
it by choosing the deductible, coinsurance, and optional benefits that meet your needs and
fit your budget.
Copays
With RHPs and PPO plans, any time you visit a participating doctor's office due to
sickness or injury, you pay a copay for the examination, evaluation and consultation. The
deductible does not apply and you have no coinsurance to pay. Copays do not apply to your
deductible or coinsurance limit.
Deductible
The deductible is the amount of covered charges a covered person must incur in a calendar
year before the plan begins to pay benefits for that person.
Coinsurance
After a covered person's deductible is met, costs are shared until a person's total
coinsurance payments reach his or her annual out-of-pocket limit. Then Med IV pays the
remainder of covered charges for the rest of the year.
With the ALL-PRO 100, RHP 100 or MSA 100 plan, once a
covered person's deductible is met, Med IV pays the remainder of covered charges for the
rest of the year.
Real-Time Instant Quotes
Click Here to get your instant Med IV quotes. Pick the Med IV plan
that suits your needs and then customize it to fit your budget.
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