Examples of Allowable Charges in a sentence
Note the amount of Allowable Charges applied towards the Deductible also reduces the applicable benefit maximum by the same amount.
When claims are presented to the Insurer, the Allowable Charges will be applied towards the Deductible.
Once the Deductible has been satisfied, all Allowable Charges will be paid at the percentage listed on the Schedule of Benefits, up to the listed benefit maximum.
If the Plan has an Out-of-Pocket Maximum, once it is met the Plan will begin paying 100% of Allowable Charges for the remainder of insurance coverage, subject to the benefit maximums.
The secondary and subsequent plans will pay the balance due up to 100% of the total Allowable Charges.