Easing Return-to-Work Angst
December 16, 2013 – Charlotte Huff
Money Madness: The Emotional Burden of Paying for Cancer
December 23, 2013 – Charlotte Huff
Crafting a Financial Plan
December 12, 2013 – Jeanne Erdmann
Debt Crisis: Coping with Cancer's Financial Aftermath
December 23, 2013 – Jeanne Erdmann
Added Benefits: Health Care Reform
December 10, 2013 – Beverly A. Caley
What To Do When Your Claim Is Denied
December 22, 2013 – Roxanne Nelson
Options for Disability
December 23, 2013 – Roxanne Nelson
Speaking of Insurance
December 23, 2013 – Roxanne Nelson
Risky Business: Resolve Insurance Concerns Early
December 23, 2013 – Roxanne Nelson
Get Organized
December 23, 2013 – Erik Ness
Financial Fix: Developing a Plan to Pay for Cancer Care
December 23, 2013 – Erik Ness
Letter From the Editor: Paying for Cancer Care
December 11, 2013 – Debu Tripathy, MD
Easing Return-to-Work Angst
December 16, 2013 – Charlotte Huff
Money Madness: The Emotional Burden of Paying for Cancer
December 23, 2013 – Charlotte Huff
Crafting a Financial Plan
December 12, 2013 – Jeanne Erdmann
Debt Crisis: Coping with Cancer's Financial Aftermath
December 23, 2013 – Jeanne Erdmann
Added Benefits: Health Care Reform
December 10, 2013 – Beverly A. Caley
What To Do When Your Claim Is Denied
December 22, 2013 – Roxanne Nelson
Options for Disability
December 23, 2013 – Roxanne Nelson
Currently Viewing
Speaking of Insurance
December 23, 2013 – Roxanne Nelson
Get Organized
December 23, 2013 – Erik Ness
Financial Fix: Developing a Plan to Pay for Cancer Care
December 23, 2013 – Erik Ness
Letter From the Editor: Paying for Cancer Care
December 11, 2013 – Debu Tripathy, MD

Speaking of Insurance

Know the terms that go into your health insurance plan. 

BY Roxanne Nelson
PUBLISHED December 23, 2013

> Out-of-pocket expenses: Expenses that are not covered by insurance and for which the patient is responsible.

> Deductible: The amount that an individual must pay out-of-pocket before the insurance coverage kicks in.

> Co-payment: A predetermined, flat fee that the patient pays for covered healthcare services, in addition to the portion covered by insurance.

> Co-insurance: The amount the patient pays for a covered service after meeting the deductible, calculated as a percentage of the allowed cost for the service (for example, a 20 percent co-insurance payment for a $100 covered service would be $20).

> Catastrophic illness clauses: A plan that provides extra coverage during a major health event (often with very high deductibles and fairly low premiums).

> Premium: An agreed-upon fee that an individual pays for specified coverage of medical costs during a defined period of time.

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