Common Health Insurance Terms and Definitions
Do you know the ABCs of health insurance? Claims, premiums, deductibles copayments and coinsurance? It's OK—we know as well as anyone that the language of health insurance can be hard to understand. Yet every day, it's becoming more and more important for health care consumers to have at least a basic knowledge of the industry's terminology. Here, you'll find plain-English definitions for 33 of the most common insurance terms. We think you'll agree that a little knowledge wil