Under Major Medical Insurance, $250.00 Must Be Paid Before The Company Assumes Liability. Who Is Responsible For Paying The $250.00? I think is The A. policyholder. Is this correct. Or B. The insurer. C. The provider.

D. The third-party payer? Thx.

The correct answer is A. The policyholder.

Under Major Medical Insurance, the policyholder is responsible for paying the $250.00 before the insurance company assumes liability. This amount, known as the deductible, is the initial portion of covered expenses that the policyholder must pay out of pocket before the insurance coverage begins.

To determine the responsible party for paying the $250.00 deductible, you would need to review the terms and conditions of the specific insurance policy. Typically, it is the policyholder who bears this responsibility.