Definition: The word "insurance 20 after deductible" refers to a situation where an individual has exceeded their deductible for an insurance policy but still wants coverage or the cost of the deductible can be fully recovered by the insurer if they meet certain conditions set forth in the contract. For example, if an individual is already covered under an existing health plan, they may need additional coverage after their deductible has been met. They would need to show that they are eligible for higher deductibles or have a reduced monthly premium due to medical expenses or other factors that would make them more likely to meet the deductible. The insurance company may also consider other criteria, such as whether the individual has a history of past healthcare costs, their employment status, or other relevant factors.
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