What is the “Elimination
Period”?
The Elimination Period is similar to a
deductible. The Elimination Period is the number of days you
receive qualified care before the policy will begin to pay any benefits.
Most policies offer a choice of Elimination
Periods, the most common choices being: 30 days, 60 days, 90 days,
or 180 days.
The shorter your Elimination Period, the higher
the premium.
Most policies have "once-per-lifetime" Elimination Periods, meaning
that once you've satisfied your Elimination Period one time, you never
have to satisfy it again.
Many policies allow for a zero-day Elimination
Period for care at home. If home healthcare is important to you, a
zero-day Elimination Period for care at home can be a very good value.