Schedule Of Benefits
What Does Schedule Of Benefits Mean?
A schedule of benefits is a list of the various services covered under a health insurance plan, along with the associated fees. Policyholders are provided with these schedules to help them understand which services and treatments are covered and which are not. Some treatments and services may require a co-pay or additional out-of-pocket costs.
Insuranceopedia Explains Schedule Of Benefits
A schedule of benefits would list various types of services covered under a health insurance plan, such as preventative, hospital, diagnostic, therapeutic, and urgent care services, among others. For example, under preventative services, the schedule may include items like “Adult physical examination (1 exam per calendar year),” “Vision exam (1 every 12 months),” and “Hearing exam (2 per calendar year),” along with the co-pay costs for each service.
