: Government programs providing coverage based on age, disability, or income level. 💡 Tips for Choosing a Plan
: Plans purchased directly by individuals, often through the Health Insurance Marketplace. insurance health insurance
: Your share of the costs of a healthcare service, usually a percentage (e.g., 20%) of the allowed amount. : Government programs providing coverage based on age,
: A flat fee you pay for a specific service, like $30 for a doctor’s visit. : A flat fee you pay for a
How to identify and avoid health insurance scams | Blue Cross NC
: Coverage offered by a workplace where the employer often pays a portion of the premium.
Health insurance is a contract where an insurer agrees to pay some or all of your medical costs in exchange for a monthly premium. It protects you from high, unexpected healthcare expenses by sharing the risk across a large group of people. 🛡️ Key Terms to Know