Insurance Flashcards
1
Q
Hmo
A
Members pay a monthly premium and their services are little to no our of pocket cost but must be in network
2
Q
PPo
A
You pay a mint out premium to use the in network services but Can go out of network for a higher fee
3
Q
Pos
A
You pay a monthly premium to use in or out of network but your premium and out of pocket costs are higher
4
Q
Deductible
A
The amount of money you have to pay before the insurance company kicks in
5
Q
Co pay
A
A amount of money you have to pay at every time of service.
6
Q
Health insurance
A
Private or government programs that pay for a part of your medical costs
7
Q
Premium
A
What you pay in return for health insurance
8
Q
Network
A
Doctors who have contracts with insurance companies
