Is the insured the principal?
Principal Insured means the Insured or if the Insured is more than one person or entity, the first person or entity listed as the Insured in the Schedule. Principal Insured means the individual named on the application who has purchased a Trip and who has paid the required cost for the Policy.
How is principal rated?
Principal Life Insurance Company, currently the largest operating company within the family of companies comprising the Principal Financial Group, and Principal National Life Insurance Company have received consistently high financial strength ratings from the rating agencies: A.M. Best Company, Moody’s Investors …
What does MPA stand for in dental insurance?
Maximum Plan Allowance (MPA): The amount set by Delta Dental that a Delta Dental Premier dentist has agreed to charge for a service. For Premier dentists, Delta Dental will pay at the MPA or the actual billed amount-whichever is less.
What does basic mean in dental insurance?
preventive care
A basic dental plan covers preventive care such as checkups, cleanings, x-rays, and a few basic procedures, like cavity fillings. Full coverage plans cover much more – and often at a lower out-of-pocket cost to you.
What does pat mean in dental insurance?
PAT. This is the amount you as the patient are estimated to pay after your insurance is considered. Because the number that appears is the INS column is just an estimate, this number too is only an estimate. This number is often referred to as your “out of pocket” expense.
Why dental insurance is separate?
“The reason dental is separate from medical is that the nature of the risk is fundamentally different as is the deferability of the care,” says Dr. Adam C. Powell, president of Payer+Provider Syndicate, a management advisory and operational consulting firm focused on the managed care and healthcare delivery industries.
What does Principal mean in insurance?
Principal — in a surety bond, the entity whose performance is being guaranteed—that is, the obligor.
Is Principal a PPO?
We offer Preferred Provider Organization (PPO) designs in all states.
Is a root canal major or basic?
Basic Services: Basic restorative care, such as fillings and extractions. Major Services: Major restorative care, such as root canals and crowns.