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Benefit Period
(redirected from Benefit Periods)

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Benefit Period
The time during which one receives payments from an insurance policy or government program. For example, the benefit period for a person receiving Medicare begins when he/she is admitted to inpatient care and ends 60 days following discharge. The benefit period may be used to help determine the amount and type of benefits one receives.


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1 SHORTER BENEFIT PERIODS Recently, the American Association for Long-Term Care Insurance (AALTCI), in conjunction with Milliman Inc.
Variety of elimination and benefit periods that would work with an employer's sick leave plan.
 
 
 
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