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waiting period
(redirected from Elimination period)

   Also found in: Medical, Financial, Wikipedia 0.03 sec.
See: moratorium


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? Mentioned in ? References in periodicals archive
 
Accessing policy benefits faster at home is now possible with a waiver of the home healthcare elimination period.
45 $975 $780 $877 $682 55 $1,352 $1,081 $1,216 $946 65 $2,561 $2,048 $2,304 $1,792 Individuals receive six years of benefit payments, inflation protection of 5% increases per year and 100-day elimination period.
The elimination period (the waiting time before benefits begin) ranges from zero to 365 (or even 730) days and usually applies only once during the insured's lifetime.
 
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