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While a calendar year is the standard year, a policy year refers to the 12-month period covered by an insurance policy, which may start and end on any date Check your plan documents or reach out to your insurance company to confirm the specific details of your benefit
Once Every Calendar Year Printable Calendars AT A GLANCE Some insurers require alignment with calendar years, even if you want to offer a non-calendar year plan In health insurance, it often dictates the schedule for deductibles, out-of-pocket maximums, and premium changes. While a calendar year is the standard year, a policy year refers to the 12-month period covered by an insurance policy, which may start and end on any date
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What Does One Per Calendar Year Mean . Some insurers use a "policy year," which follows a 12-month period based on the policy's start date rather than the calendar year A plan on a contract year (also called benefit year) runs for any 12-month.
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