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Limited Benefit Plan

  • Date updated 2019-04-07
  • Author Dexter Brooks
  • Categories
  • Health Plans
  • Tags
  • benefits

What is Limited Benefit Plans?

A health insurance plan that only covers certain benefit categories (such as a hospital indemnity plan, which only covers hospitalization-related costs). This type of coverage is not considered minimum essential coverage, and consumers enrolled in a limited benefit plan will be required to have supplemental insurance in order to have adequate coverage.

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