HEALTH INSURANCE 1

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Last updated 12:18 AM on 10/15/26
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7 Terms

1
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deductible

what a patient pays before insurance company pays


2
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out-of-pocket maximum

bill a person is responsible for

3
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copay

bill you pay each time you recieve healthcare

4
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coinsurance

% of bill that patient pays

5
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premium

amount you pay to keep insuranace active

6
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affordable care act

reduces number for uninsured people

7
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group health insurance

employee/employer share cost of premium