HEALTH COVERAGE DEFINITIONS
Deductible - the amount you are responsible to pay before any benefits are paid for covered medical expenses. Typically, the lower the deductible, the higher the premium. This does not include your co-payments.
Coinsurance - the portion you and the insurer share after the deductible has been met.
Co-payment - the flat dollar amount you pay for a particular service. Co-pay plans typically cost more because you pay for the convenience of knowing how much a doctor?s visit will cost before you go.
Out of Pocket Maximum - the maximum annual amount you are responsible for.
Network Providers - a group of providers who have agreed to provide health care at a predetermined rate.
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You may not be eligible for all of the products or services described in this Web Site.
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