What Does Least Expensive Alternative Treatment Mean?

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What does Least Expensive Alternative Treatment mean? Read on to discover the definition & meaning of the term Least Expensive Alternative Treatment - to help you better understand the language used in insurance policies.

Least Expensive Alternative Treatment

Least Expensive Alternative Treatment

Least expensive alternative treatment (LEAT) refers to a provision in a health insurance policy stating that the insurer will cover the least expensive option in situations when multiple possibilities are available. This means that policyholders will have to opt for the least expensive treatment or pay out of pocket for a more expensive one. The clause helps reduces costs for the insurer.

We hope the you have a better understanding of the meaning of Least Expensive Alternative Treatment.

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