Erstattingsgrad

Erstattingsgrad refers to the reimbursement rate or coverage percentage provided by an insurance policy. It indicates the proportion of eligible expenses that an insurer will cover after a deductible has been met. For example, an erstattingsgrad of 80% means that the insurance company will pay 80% of the covered medical costs, and the policyholder will be responsible for the remaining 20%, known as the co-payment or coinsurance.

This concept is commonly found in health insurance, but it can also apply to other types of insurance, such as travel or property insurance, where it dictates the percentage of a covered loss that will be reimbursed. The specific erstattingsgrad is a key feature of an insurance contract and significantly impacts the out-of-pocket expenses for the insured person.

When evaluating insurance plans, understanding the erstattingsgrad is crucial for comparing costs and benefits. A higher erstattingsgrad generally leads to lower out-of-pocket expenses for the policyholder, but it may also correspond to a higher premium. Conversely, a lower erstattingsgrad might mean lower premiums but greater financial responsibility for the insured in the event of a claim. The exact calculation and application of the erstattingsgrad can vary depending on the terms and conditions of the specific insurance policy.