A benefit period is a length of time during which a benefit is paid. This may be a government benefit such as the British Housing Benefit, or a healthcare benefit system such as the American Medicare, or payment from an insurance policy such as a Payment protection insurance which covers mortgage or other commitments after accident, illness or red...
Found on
http://en.wikipedia.org/wiki/Benefit_period
Normally refers to the “benefit period� that begins the day the patient goes to a hospital or skilled nursing facility (SNF). According to Medicare, the benefit period ends when the patient haven`t received any hospital care (or skilled care in a SNF) for 60 days in a row and if the patient goes into a hospital or a SNF after one benefit...
Found on
http://www.encyclo.co.uk/local/20102
A time period over which the interest rate of a loan is discounted, fixed or capped, for example.
Found on
http://www.encyclo.co.uk/local/20452
When services are covered under your plan. It also defines the time when benefit maximums, deductibles and coinsurance limits build up. It has a start and end date. It is often one calendar year for health insurance plans.
Found on
https://www.encyclo.co.uk/local/22558
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