What is a copay in health insurance?
What is a copay in health insurance?
Key Takeaways A health insurance copay is a fixed dollar amount that a beneficiary is required to pay out-of-pocket in order to receive c...
What does subsidy mean in health insurance?
“To sum it up…” Subsidies are features of Obamacare that make insurance more affordable Premium tax credits are subsidi...
What does HIP mean in healthcare?
“To sum it up…” HIP stands for “Health Insurance Plan” Obamacare uses qualified health insurance plans Open...
What is coinsurance in health insurance?
“To sum it up…” Coinsurance is the consumer’s share of the agreed insurance benefit Coinsurance occurs after the custom...
