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What is a deductible, coinsurance, copayment?
It means the plan you are looking at is probably a high deductible health plan HDHP meaning you have your deductible which is your out of pocket costs you personally pay before your co-insurance would kick in and the insurance company begins paying e. Best Health Insurance Quotes Updated. Here is a sample plan and scenario and how a plan like you are mentioning could work:. Sample Health Insurance Plan: Like any tool, HDHP plans have a purpose, you just have to know how to use them i.
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