What is a deductible carryover?

a. It is an optional rider in an individual disability insurance policy that allows the insured to continue receiving benefits in a second calendar year if the full deductible was met during the first year.

b. It is a provision in a group health insurance contract that allows an insured to count payments made during the last quarter of one year as being made toward the deductible of the following calendar year if the deductible was not met during the first year.

c. It is a provision in an individual health insurance contract that allows an insured to count payments toward a deductible for two different years of the contract.

d. It is a required provision in a group health insurance policy that allows the insured to count any payments made in the last quarter of one year toward both the first and second year's deductible.

Answer: B