Health Insurance FAQs
Answers to common health insurance questions, written for consumers.
＋ What is the difference between a premium and a deductible?
A premium is the monthly cost to have coverage. A deductible is what you pay for care before the plan starts paying. You owe the premium whether or not you use care.
＋ When can I enroll in a health plan?
Most enrollment happens during yearly open enrollment. Outside that window you generally need a qualifying life event, like losing coverage, moving, marriage, or a new baby, to enroll.
＋ What is a special enrollment period?
It is a window triggered by a qualifying life event that lets you enroll in or change coverage outside open enrollment, usually within 60 days of the event.
＋ What is the difference between Medicare and Medicaid?
Medicare is federal coverage mainly for people 65+ or with certain disabilities. Medicaid is income-based coverage run jointly by states and the federal government. Some people qualify for both.
＋ What is short-term health insurance?
Short-term plans offer temporary, limited coverage to bridge a gap. They are not required to cover pre-existing conditions or essential benefits, so read the limits carefully.
Educational content only — not legal, financial, or insurance advice. Requirements vary by state.