Chapter
Health Insurance: Key Terms
From HE A LTH EDUC A TION H E A L T H 1 0 0 V E R S I O N 3 by Sambif
Concepts
- Plan Networks
"Part of health literacy is understanding key health insurance terms. This will allow for educated decisions when choosing a health insurance plan. In-Network Providers are health care providers who a
- Plan Costs
"Premium is the amount paid for your health insurance every month. In addition to your premium, you usually have to pay other costs for your health care, including a deductible, copayments, and coinsu
- Out-of-pocket Maximum
"Out-of-pocket maximum is the most you have to pay for covered services in a plan year. After you spend this amount on deductibles, copayments, and coinsurance, your health plan pays 100% of the costs