Let us take an example of Plan-A: The medical bill is $25,000; Deductible is $100 and choosen Policy Maximum is $50,000
- Insurance coverage is $50,000
- Deductible is $100 per certificate period
- Total medical expenses is $25,000
The Visitors Secure plan covers clearly defined amounts for different medical situations up to a medical maximum coverage ($50,000). The insured must pay the deductible ($100). After that, the insurance plan pays fixed amount as defined in the policy for specific treatment. In this hypothetical example described in the table, the insured has to pay $16,850
. This is the difference between the fixed amount the insurance pays and the actual billed amount.