what is the difference between deductible and co-insurance?
Insurance coverage is keep getting smaller and policy more and more complicated. It differs from company to company.
Can anyone answer my question?
insurance best answer:
Answer by Fred S
A deductible is an amount, say $ 200, that you have to pay before the plan starts paying benefits. Co-insurance refers to the % that you are responsible for after the plan has paid benefits. For example, a plan may pay 80% of covered services after you meet your $ 200 deductible with your co-insurance, your responsibility being 20%. Usually when you meet your out of pocket limit for the year, the plan then pays at 100% for the rest of the calendar year. Most plans have an out of pocket limit-- check your plan documents.
insurance
Big insurance: Sick of it health care reform rally
Image by Steve Rhodes
near the offices of Anthem Blue Cross
moveon.org
healthcare.barackobama.com
healthcareforamericanow.org
www.healthcareforallnow.org
www.billionairesforwealthcare.com
www.peninsularaginggrannies.org
Documentary on the Raging Grannies
www.peninsularaginggrannies.org/Raging_Grannies/The_Grann...
The Waiting Room, a documentary on Highland Hospital in Oakland which is posting short videos during production
whatruwaitingfor.com
Orignal From: what is the difference between deductible and co-insurance? and Big insurance: Sick of it health care reform rally
No comments:
Post a Comment