Annual Stop-loss Limit

Annual Stop-loss Limit,

How To Define Annual Stop-loss Limit?

  1. Also known as MOOP (Maximum Out of Pocket), it is a measure that limits the maximum amount at which a policyholder can be held liable for a certain period of time. For example, one year).

Literal Meanings of Annual Stop-loss Limit

Annual:

Meanings of Annual:
  1. Books or magazines are published once a year with the same title but different contents.

Sentences of Annual
  1. The sponsored walk became an annual event

Synonyms of Annual

every twelve months, once-a-year, yearly

Stop:

Meanings of Stop:
  1. (An event, action or process) ends in failure.

  2. The cause (action, action or event) disappears.

  3. Block or cover (orifice or leak)

  4. Stop moving or acting.

  5. Set of limb tubes with specific height and dimensions.

  6. The effective diameter of the lens.

Sentences of Stop
  1. As soon as it starts, the laughter stops

  2. This harassment should stop

  3. Trying to close the hole with the heel of the shoe

  4. All closed companies

Synonyms of Stop

put an end to, halt, bring to a halt, close up, conclude, standstill, fill up, plug, bring to a stop, come to a stop, draw to a close, finish, end, put a stop to, terminate, be over, bring to an end, close, come to an end, come to a standstill, fill, cease, block up, block

Loss:

Sentences of Loss
  1. Avoid wasting time

Synonyms of Loss

mislaying, dropping, overlooking, misplacement, forgetting

Limit:

Meanings of Limit:
  1. Set a limit or serve it.

  2. A point or plane where something does not expand, cannot expand or exceed.

  3. Restrictions of any size or quantity are allowed or possible.

  4. A point or value in relation to which a sequence, function, or sum of money can gradually reach the desired position or value by approaching it by approaching it by approaching it by approaching it by approaching it by approaching it by approaching it by approaching it.

Sentences of Limit
  1. Boundaries of presidential power

  2. In fact, the configuration changes to a limit, the value of which is 2.7182818.

Synonyms of Limit

hold in check, hold, check, put a brake on, curb, ceiling, freeze, restrict, place a limit on, restrain, limitation, keep within bounds, cap, peg, upper limit, maximum