Common use of Traditional Plan Clause in Contracts

Traditional Plan. Specifications: Network Maximum Benefits Unlimited Deductibles $100/$200 Accumulation Period Calendar Year Co-Insurance Provision 80% 80% by the insurance carrier and 20% by the patient up to a yearly maximum out-of-pocket of $500 per individual or $1,000 for two or more family members. After the out-of-pocket has been met by the employee, 100% of eligible charges will be paid.