Quick noteThis guide is general education, not individualized financial, insurance, legal or medical advice.
1. Premium
The regular amount paid to keep coverage active.
2. Deductible
What you generally pay for covered services before the plan begins sharing certain costs.
3. Copayments
Fixed amounts that may apply to visits, prescriptions or services.
4. Coinsurance
A percentage of an allowed cost you may owe after meeting the deductible.
5. Out-of-pocket maximum
The annual limit on many covered in-network costs; premiums usually do not count toward it.
Your next step
Write down the two questions that matter most to you, then compare information from official sources and qualified providers.
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