Combined Deductible definition
Combined Deductible means a stated single deductible will apply in any one covered loss over all coverage forms applicable to the specific loss that are attached to this policy as stated above. The “Combined Deductible” is also referred to as a basket deductible.
Examples of Combined Deductible in a sentence
If the Member meets the Maximum Combined Deductible, this automatically satisfies the In-Network and Out-of-Network Deductibles for that Benefit Period.
A Member can meet the Maximum Combined Deductible through any combination of In-Network and/or Out-of-Network Deductible expenses.