Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Insurance Forums
How Health insurance deductibles work
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Augusta, post: 296568, member: 25283"] When you take out health insurance policies apart from the monthly premiums you would need to pay, you would need to pay for your deductible. Health insurance deductibles one of the part of the expenses you must pay as an health insured before the insurance company starts to pay some of the costs. This bring to the rule which states that the lower the health insurance deductible, the more expensive the policy and the higher the deductible the lower the premium. Other pay that should be made are the copays which is the set amounts to be paid for particular healthcare expenses. Another expenses you are expected to pay is the coinsurance. when you meet your deductible, you sl be expected to pay part of your healthcare costs, doing this will enable the insurance company to pay for the rest. This is termed coinsurance.The coinsurance will continue to be paid by you till you meet your out-of-pocket maximum for a given period. The fact remains that most plans need insured to pay both for copays and coinsurance. So this is not for all health plans. Those plans that don't require copay or coinsurance come with higher premiums but lower deductibles. With health insurance an insured must pay out-of-pocket before the insurer starts sharing cost [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Insurance Forums
How Health insurance deductibles work
Top