Medicare Wraparound Insurance
Definition of "Medicare wraparound insurance"
Insurance that acts as a supplement to medicare in that it will pay the deductibles and coinsurance sums that the Medicare recipient is responsible for paying. In addition, some policies pay amounts for hospital and nursing home expenses after the Medicare limits have been reached.
Popular Insurance Terms
Professional management designation earned by passing 10 national examinations on life and health insurance subjects including insurance, finance, marketing, law, information systems, ...
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