The purpose of run-out protection is to ensure payments for claims made when?

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Multiple Choice

The purpose of run-out protection is to ensure payments for claims made when?

Run-out protection is about giving a post-year window during which claims tied to the previous plan year can still be paid. The idea is that expenses incurred in the plan year may not be submitted right away, so there’s a run-out period after the year ends during which those claims are eligible for payment. This prevents legitimate claims from being denied simply because the filing occurred after the year ended. For example, a service received in December can be submitted in January if it’s within the run-out period, and it will still be paid. This idea isn’t about payments during the year, before the year ends, or in alternate years—the protection specifically covers claims filed after the plan year ends but within the designated run-out period.

Run-out protection is about giving a post-year window during which claims tied to the previous plan year can still be paid. The idea is that expenses incurred in the plan year may not be submitted right away, so there’s a run-out period after the year ends during which those claims are eligible for payment. This prevents legitimate claims from being denied simply because the filing occurred after the year ended. For example, a service received in December can be submitted in January if it’s within the run-out period, and it will still be paid.

This idea isn’t about payments during the year, before the year ends, or in alternate years—the protection specifically covers claims filed after the plan year ends but within the designated run-out period.

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