Cash payout
In terms of the Numerical report (private health insurance) of the Association of Private Health Insurance Companies:The cash payout is, what is classically known as contribution reimbursement. If an insured person draws no benefits over a contractually agreed period, that means, he doesn't present any bills to the insurance organization, he gets a contribution reimbursement from his insurance. If this takes place by payment of a sum of money, we speak of cash payout. The amount of the cash payout depends on the length of benefit freedom and the agreed reimbursement sums.
Selected information about "Cash payout":
Tables:
Further information can be found on the topic or keyword search.