What does DP mean in health insurance?

deductibles are the amount you pay before your insurance company begins to pay for health care costs. For example, if your out-of-pocket cost for a doctor visit is $35, and your health insurance deductible is $500, you'd pay $365 before your insurance company begins to pay anything.

What does DP stand for in health insurance?

The abbreviation " diagnostic refers to a health test that identifies a disease or condition. The term "preventive" refers to any test or exam aimed at stopping disease before it occurs or at lessening the impact of disease that has already developed.

What does DPI mean in health insurance?

A deductible point is the amount you must pay before your health insurance coverage begins. This is different from copayments, which are amounts you pay each time you visit your doctor. Deductibles are different from coinsurance, too. Coinsurance is the percentage of the cost of your medical care that you will pay once your deductible is met.

What does DP mean in healthcare insurance?

The medical expense payment (DP) is the maximum amount your health insurance company will cover for covered medical expenses. It includes all medical bills and treatments that are considered covered under your policy, such as inpatient and outpatient hospital care, doctor visits, lab services, and emergency room visits. In order to receive your medical expense payment, you must first pay your deductible. The deductible is a percentage of the total cost of your covered medical expenses that you are responsible for before your insurance company begins to pay for

What does disability in insurance mean?

Disability, in the context of health insurance, refers to an inability to perform essential activities of daily living due to sickness or injury. For example, being blind or paraplegic is a disability. People who suffer from mental illnesses can also be disabled. Disability insurance is designed to prevent you from going without needed financial assistance if you become disabled.