MLchartDataset catalogue

Limitations on coverage

Term · Economic statistics · MLC-T-ECS-001077

Limitations specifying the maximum amount payable by the insurer for covered expenses incurred by the insured and covered dependents enrolled in a plan.

Note: Plans can have a yearly or a lifetime maximum dollar limit. The most typical maximum limit is a lifetime amount of $1 million per individual. Under the Patient Protection and Affordable Care Act (PPACA), as of September 23, 2010, employers with 50 or more employees were required to eliminate lifetime maximums on eligible medical care.

Table 1. Record
IdentifierMLC-T-ECS-001077
FieldEconomic statistics
ReferencesBLS Glossary
Record as JSON 
{
  "id": "MLC-T-ECS-001077",
  "term": "Limitations on coverage",
  "field": "Economic statistics",
  "definition": "Limitations specifying the maximum amount payable by the insurer for covered expenses incurred by the insured and covered dependents enrolled in a plan.\n\nNote: Plans can have a yearly or a lifetime maximum dollar limit. The most typical maximum limit is a lifetime amount of $1 million per individual. Under the Patient Protection and Affordable Care Act (PPACA), as of September 23, 2010, employers with 50 or more employees were required to eliminate lifetime maximums on eligible medical care.",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/limitations-on-coverage/"
}

Record 1,059 of 2,141 in Economic statistics terminology (MLC-0116). Request the full dataset.