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Stop-Loss Provision

May 23, 2022 by RNorton

A

Stop-Loss Provision

May be called “Out of Pocket Maximum” or OOP. A maximum dollar limit set on the coinsurance, to limit the out of pocket expense that an insured can incur in a policy year. This may or may not include the deductible. Only covered expenses count toward the maximum. For example, any charges above the fee schedule for a doctor’s services do not count toward the “out of pocket maximum.”

About Rhonda Norton

Rhonda Norton

Rhonda Norton is the President of Hughes-Norton Insurance Services, Inc.

Rhonda has been an insurance broker for 25 years, and is a member of the National Association of Health Underwriters, NAHU, and North San Diego Business Chamber.

Hughes-Norton Insurance Services, Inc.

Phone: 858-922-2156

1441 Main Street #310
Ramona, CA 92065

Fax: 760-654-3387

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All Rights Reserved.

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