Tag: Out-of-network Hospital
29
Oct
Explained – Terms ‘Preferred Providers’ & ‘Preferred Allowance’ in US health insurance
When you buy health insurance in the US, you usually come across the terms like ‘Preferred Provider’ or ‘Preferred Allowance’. Those who understand the literal meaning of the word ‘preferred’ are able to guess what the health insurance policy wants to convey to him or her through those words. The word ‘preferred’ generally means wishing, liking, desiring or choosing something
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