Insurance & Coverage
Before You Buy Health Insurance
Understand Health Insurance Before You Commit
Deductibles, premiums, networks, and what 'covered' actually means when you need it most.
What is a Deductible?
A deductible is the amount you pay out of pocket before your insurance starts to pay.
Premiums vs. Out-of-Pocket Maximums
Premiums are your monthly cost. Out-of-pocket maximums are the most you'll pay in a year.
Checklist
- Compare deductibles, premiums, and out-of-pocket maximums
- Check if your doctors are in-network
- Understand what 'covered' means for your plan
FAQs
Q: What's the difference between a premium and a deductible?
A: A premium is what you pay each month to keep your insurance active. A deductible is what you pay out of pocket before your insurance starts to pay for covered services.
Q: What does 'covered' actually mean?
A: 'Covered' means your insurance will pay for a service, but it doesn't always mean 100%. You may still owe copays, coinsurance, or have limits. Always check the details.