High option

In a Federal Employees Health Benefits Plan, and some other insurance policies, denotes one of two or more levels of insurance which may be chosen by the subscriber. Under such options the benefits covered are usually essentially the same except that the high option provides lower deductibles and other cost-sharing requirements and more generous time or quantity limits than the low option. The premium for the high option is higher than the low option to reflect the more generous coverage.


 


Posted

in

by

Tags: