Health insurance terms!

Front

A fixed amount you pay for a covered health care service after you've paid your deductible.

Back

Co-payment

Front

The amount you pay for your health insurance every month.

Back

Premium

Front

The most you have to pay for covered services in a plan year (on deductibles, copayments, and coinsurance for in-network care and services).

Back

Out-of-pocket limit

Front

The amount you pay for covered health care services before your insurance plan starts to pay.

Back

Deductible

Front

The percentage of costs of a covered health care service you pay (20%, for example) after you've paid your deductible.

Back

Co-insurance