Benefit Period

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Dictionary Says

Definition of 'Benefit Period'

The benefit period is the length of time during which a benefit is paid. This can involve a government benefit program such as Medicare, or payment from an insurance policy, such as health or disability insurance. The benefit period is defined in each program or policy's guidelines.
Investopedia Says

Investopedia explains 'Benefit Period'

The benefit period can vary from policy to policy. For example, the benefit period in the context of Medicare begins the day an insured is admitted to a hospital or skilled nursing facility (SNF), and ends when the insured has not received any care for 60 days in a row.

 

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'Benefit Period'

  • Taking The Surprise Out Of Long-Term Care

    http://www.investopedia.com/articles/04/112904.asp
    ... the largest impact on the cost of your policy include (1) the elimination period,
    (2) your age, (3) benefit period, (4) daily benefits, and (5) inflation riders ...
  • Long-Term Care: More Than Just A Nursing Home

    http://www.investopedia.com/articles/pf/05/031705.asp
    ... Yes - according to the chosen policy's benefit, period and amount. ... Yes -
    according to the chosen policy's benefit, period and amount. ...
  • Intro To Insurance: Disability Insurance | Investopedia

    http://www.investopedia.com/university/insurance/insurance5.asp
    ... Definition: This definition can be within one's own occupation for a specific time
    period or with any occupation after the maximum benefit period has passed. ...
  • Vision Care Insurance: Will You See A Benefit?

    http://www.investopedia.com/articles/pf/11/vision-care-insurance.asp
    ... once every 24 months. Some plans will only cover glasses or contacts, but
    not both, during the same benefit period. If you wanted ...
  • What Does Medicare Cover?

    http://www.investopedia.com/articles/05/030405.asp
    ... Assuming you qualify, Medicare may pay up to 100% of your costs in a nursing
    home for the first 20 days in a benefit period. Once ...
  • Businesses That Benefit The Most From Black Friday - Investopedia. ...

    http://financialedge.investopedia.com/financial-edge/1111/Businesses-That-Benefit-The-Most-From-Black-Friday.aspx
    ... Businesses That Benefit The Most From Black Friday. ... that officially kicks off on
    Black Friday and runs through Christmas is the most important period of the year ...
  • A Primer On Defined-Benefit Pension Plans

    http://www.investopedia.com/articles/retirement/11/defined-benefit-pension-plans-primer.asp
    ... prepared and plan for your future, see The Demise Of The Defined-Benefit Plan.)
    The three pension obligation measures are affected in any given period by the ...
  • Why Your Will Should Name Designated Beneficiaries

    http://www.investopedia.com/articles/pf/07/beneficiary_form.asp
    ... contract owners to designate how beneficiaries receive the death benefit. Generally
    they offer three payment options: Lump sum; Period certain; Amortization over ...
  • Intro To Insurance: Long-Term Care Insurance | Investopedia

    http://www.investopedia.com/university/insurance/insurance6.asp
    ... months, you may want to consider a policy that will give you benefits for a minimum
    of three years (this is referred to as a policy's maximum benefit period). ...
  • Benefit From The Pullback

    http://stocks.investopedia.com/stock-analysis/2009/Benefit-From-The-Pullback-CRESY-TSN-IRS-AOB1007.aspx
    ... Benefit From The Pullback. ... is to put your money in places where you have a strong
    degree of confidence that your money will multiply over a period of years, not ...

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