What does a 0 dollar deductible mean?

What does a 0 dollar deductible mean?

Yes, a zero-deductible plan means that you do not have to meet a minimum balance before the health insurance company will contribute to your health care expenses. Zero-deductible plans typically come with higher premiums, whereas high-deductible plans come with lower monthly premiums.

What does ot stand for in insurance?

Other Party/ Other PersonOutstanding Loss Reserves. OT. Other Party/ Other Person. OTC. Other Than Collision. Oct 12, 2015

Who is the highest paid insurance CEO?

Health insurance CEOs earned a pretty penny in 2019. At the top of the list is CVS Health chief Larry Merlo, who earned $36.5 million in total compensation last year. That was about $10 million ahead of the next-highest earner, Centene Corporation’s Michael Neidorff.

What is Geico CEO salary?

1998 Insurer CEO Salaries INSURANCE OFFICER REGULAR SALARY OTHER COMPENSATION Martin Feinstein Pres. & CEO, Farmers Insurance Co. $900,000 $188,110 Olza Nicaly CEO, GEICO General Insurance $694,232 n/a Michael Carpenter CEO, The Travelers Insurance Co. $579,840 $7,224,475 5 more rows

How much does the CEO of Progressive make?

$15,220,523Executive Compensation As President and Chief Executive Officer at PROGRESSIVE CORP/OH/, Susan Patricia Griffith made $15,220,523 in total compensation.

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