What Is Waiting Period?
A specified time between policy issue or enrollment and when coverage for certain services becomes effective. Often applies to pre-existing conditions, maternity care, or specific treatments under group or individual plans.
Waiting Period across 2 exams
Waiting Period appears on the following exams. Each defines it in the context candidates are tested on:
- Health Insurance
- A specified time between policy issue or enrollment and when coverage for certain services becomes effective. Often applies to pre-existing conditions, maternity care, or specific treatments under group or individual plans.
- Health-Only Insurance
- A specified time period during which certain benefits are not paid, commonly used in disability or long-term care coverage. It protects insurers from short-term claims and is similar to but broader than an elimination period.