Health Insurance

This is what you pay at the beginning of the month for health insurance.

• Deductible

• Premium

• Out of pocket maximum

• Co-pay

Your health care policy starts over every year.

• True

• False

Once you pay your deductible, you will have to pay this...

You will keep paying the coinsurance until you have met this...

The most you will pay for the year is...

• Premium + Deductible

• Premium + Out of Pocket Max

• Deductible + Out of Pocket Max

• Co-pay + Deductible

You have met your deductible. The bill is $300 and your coinsurance is 30%. What will you pay?

Your deductible is $550. So far this year you have paid $300 towards your deductible. If your medical bill is $100, how much will you pay?

Who pays the medical bills in the first stage of health insurance?

• You

• You and the Insurance Company

• The Insurance Company

You have met your deductible. How much will you pay on a bill if your coinsurance is 25% and your bill is $2,850?

Premium: $80 Deductible: $500 Copay: $25 Out of Pocket Maximum: $2,500. What is the most you will pay for a year?