MLchartDataset catalogue

Family deductible

Term · Insurance and risk management · MLC-T-INS-001461

A provision in a health insurance policy that limits the total amount of deductible expenses a family must pay in a policy year, regardless of how many individual family members incur medical costs. Once the family deductible is met, the plan begins to pay for covered services for all family members. This cap provides financial protection for families with multiple health events.

Table 1. Record
IdentifierMLC-T-INS-001461
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001461",
  "term": "Family deductible",
  "field": "Insurance and risk management",
  "definition": "A provision in a health insurance policy that limits the total amount of deductible expenses a family must pay in a policy year, regardless of how many individual family members incur medical costs. Once the family deductible is met, the plan begins to pay for covered services for all family members. This cap provides financial protection for families with multiple health events.",
  "url": "https://mlchart.com/terminology/insurance/family-deductible/"
}

Record 1,329 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.