Which provision states that the policy will pay all (100%) of covered medical expenses after a stated dollar amount is reached?

• A. Carryover Provisions
• B. Corridor Deductible
• C. Stop Loss Feature
• D. Dread Disease

Answer: (C)

Stop-loss provisions cap your out-of-pocket costs by setting a dollar threshold. Once you’ve incurred that amount in covered expenses, the policy covers 100% of eligible charges for the rest of the policy period. This arrangement protects you from escalating medical costs and ensures full coverage after the threshold is reached. The other terms describe different ideas: carryover provisions move part of a deductible into the next year; corridor deductible is a separate deductible concept that doesn’t automatically trigger 100% coverage; dread disease is a rider that pays a lump sum for specific illnesses rather than continuing to cover ongoing expenses.