definition of class in regards to insurance
For example, if. the health insurance or planâs allowed amount for an office visit is $100 and. you have met your deductible, your co-insurance payment of 20% would be. $20. The health insurance or plan pays the rest of the allowed amount. Community Living Assistance Services and Supports (CLASS) Program. â The CLASS program establishes a national voluntary long-term care. insurance program for the purchase of non-medical services and support.