Benefit Period

A benefit period is a length of time during which a benefit is paid. This may be a government benefit such as the British Housing Benefit, or a healthcare benefit system such as the American Medicare, or payment from an insurance policy such as a Payment protection insurance which covers mortgage or other commitments after accident, illness or redundancy. It may also be known as the Payment period.

A related terms is Benefit week used in calculation of entitlement to benefits.

Read more about Benefit Period:  Medicare, Benefit Year or Season

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