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Dec. 27, 2019

Know the Lingo

The lingo used in health care insurance can be confusing. Get to know the language used with these helpful videos: 

What are benefits? 

This term refers to everything covered by your health insurance.

What is deductible? 

The amount you pay toward costs of covered health care services each year before your health insurance begins to pay its part.
 

What is coinsurance? 

This is the percentage you pay when you and your health insurance split the bill for a health care service.

What is a network? 

These are the doctors, hospitals and other providers and facilities that work with your health plan. 

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