n NISM Certifications
NSM General NISM
Medium

What does "reasonable and necessary expenses" refer to in a health insurance policy?

Practice question from IC 38 Mock Test 16 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Compensation of expenses that are reasonable for treatment

  2. B

    Compensation of expenses that are necessary for treatment

  3. C

    Compensation of expenses deemed reasonable for a particular ailment

  4. Compensation of expenses deemed reasonable in a particular geographical area

    Correct answer

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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