Today I’m starting a new series about Healthcare. It’s a hot topic! But my purpose, because many people with disabilities need it AND because many don’t understand it, I wanted to give a primer of terms. Currently having a job in the health care industry I see and hear confused people. While this blog is my own and my views do not necessarily reflect that of my employer, I will be keeping the topic general, not speaking of any one insurance company. But hopefully going over some of the terms used in the health care industry will help you better understand what you need to know when choosing and using your health care.

Premiums

This term is rather close to people’s pocket. This is the cost you pay to have insurance. The old saying, you get what you pay for is so very true in this situation. So you’ll want to choose carefully. There are many, many plans to choose from. Find out what they cover, but more importantly, find out what they exclude. And unless you choose a plan, with most likely a very high premium, not everything is covered 100%.

With future installments in this series I will be talking about topics like copay, co-insurance, coordination of benefits and more.