The Carry Provision allows expenses that did not satisfy the previous year's deductible and were incurred in which period to be used toward the current year's deductible?

The Carry Provision allows expenses that did not satisfy the previous year's deductible and were incurred in which period to be used toward the current year's deductible?

• A. First 3 months of the current year
• B. Last 3 months of the previous year
• C. Entire prior year
• D. The month of policy renewal

Answer: (B)

A carryover provision lets certain medical expenses that were charged near the end of one policy year be counted toward the deductible for the next year. The window for those expenses is the last three months of the previous year, so they can reduce what you still owe on the next year’s deductible. This means expenses incurred in the first three months of the current year aren’t part of the carryover, and applying the entire prior year or just the renewal month isn’t how the provision is typically used.

A carryover provision lets certain medical expenses that were charged near the end of one policy year be counted toward the deductible for the next year. The window for those expenses is the last three months of the previous year, so they can reduce what you still owe on the next year’s deductible. This means expenses incurred in the first three months of the current year aren’t part of the carryover, and applying the entire prior year or just the renewal month isn’t how the provision is typically used.