Health and Life Insurance

Category - Health and Dental

The __________ allows the employees who are enrolled in a company's dental PPO plan to roll a portion of their unused annual maximum over into an account in case they should need more extensive dental care in the future.
  1. Annual maximum
  2. Out-of-pocket maximum
  3. Calendar year maximum
  4. Maximum rollover feature
Explanation
Answer: D - The maximum rollover feature allows the employees who are enrolled in a company's dental PPO plan to roll a portion of their unused annual maximum over into an account in case they should need more extensive dental care in the future. Traditionally, many dental PPO plans have only offered a use-it-or-lose-it model for dental insurance policies. The rollover feature tends to reward long-term employees by allowing their account balances to accumulate over time.
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