Health Insurance Terminology

Health Insurance plans provide access to extensive networks of doctors, clinics, pharmacies, and hospitals across the United States. Therefore, if you live anywhere in the U.S., Texas, Florida, California you will be covered by a quality network of medical providers.

Four terms that can greatly affect what you pay for a health insurance plan you should be familiar with are:

  • Deductible: A deductible is what you pay before your insurance carrier begins to pay on an annual basis. The higher the deductible the lower the monthly premium.
  • Copay: The amount you are required to pay for doctor visits, prescriptions, emergency rooms, and annual exams. Copays are not subject to a deductible. They are a flat fee you will pay to the provider
  • Coinsurance: This is a cost sharing between you and the insurance carrier after your yearly deductible has been satisfied.
  • In-Network Providers: Doctors, clinics, pharmacies, and hospitals that provide health care at a discounted rate to members.

Most health insurance plans are flexible and can be made to fit the needs and budget of individuals and families. The best way to find affordable health insurance is to go to EasyToInsureME and get health insurance quotes comparing all carriers in seconds.  After you instantly receive your quotes, you can compare the different plans and see if one will work for you. It’s just that easy!

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