Health Insurance glossary
Plain-language definitions of common health insurance terms.
- Coinsurance
- Your percentage share of a cost after meeting the deductible.
- Copay
- A fixed dollar amount for a covered service, like a doctor visit.
- Deductible
- What you pay for covered care before the plan begins paying.
- Network
- The doctors and facilities that have contracted with your plan.
- Open enrollment
- The yearly window when you can enroll in or change a health plan.
- Out-of-pocket maximum
- The most you pay in a year before the plan covers 100% of in-network care.