Successive Periods
Updated: 09 June 2023
What Does Successive Periods Mean?
Successive periods refer to multiple hospital confinements within a certain period that are considered one instance of hospitalization when each one is related or due to one medical condition.
Insuranceopedia Explains Successive Periods
In case a policyholder visits a hospital multiple times for the same injury or illness, the insurance company treats each visit as part of a successive period and a continuation of the original medical condition, rather than a new one. Because insurance companies take this into account when providing benefits, it is important for a policyholder to understand how they may affect the amount paid out. Often, a period of time known as a waiting or elimination period must pass before insurers consider benefit periods as separate and not successive periods.
Related Definitions
Related Terms
Related Articles
Maternity Coverage: Does Your Insurance Have You Covered?
3 Common Life Insurance Mistakes You Don’t Want to Make
Is Critical Illness Insurance Worth It?
Insurance Self-Service Portal: The Future of Customer Experience
Blockchain’s Impact on Transforming the Insurance Landscape
What Every College Student Should Know About Renters Insurance
Related Reading
Revealing the Most And Least Popular U.S. Insurance Companies
What Students Need to Know About Insurance Coverage During Internships
A Roadmap for Students Interested in the Insurance Industry
Strong Identity Verification in the Insurance Sector
How to Avoid Online Insurance Scams
How to Get Into the Insurance Industry With a Finance Degree