health insurance terms | what do they all mean?

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termsHealth Insurance

what do they all mean?

www.COHealthOP.org | Facebook.com/COHealthOp | @COHealthOp | YouTube.com/user/COHealthOP

?

?

?

www.COHealthOP.org | Facebook.com/COHealthOp | @COHealthOp | YouTube.com/user/COHealthOP

copayA set amount that you pay when you go to the doctor or pick up a prescription, have a test, or get surgery.

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coinsuranceA percentage of the total cost that you pay when you go to the doctor or pick up a prescription, have a test, or get surgery.

www.COHealthOP.org | Facebook.com/COHealthOp | @COHealthOp | YouTube.com/user/COHealthOP

deductibleThe amount that you have to pay before your health insurance company pays anything.

I pay, then

they pay

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out-of-pocketThe maximum amount that you pay before your health insurance covers everything else (even copays & coinsurance).

I pay upto this

amount

insurance pays

the rest

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For more information,visit www.COHealthOp.org

or call (720) 627-8900.

Colorado HealthOP is a registered trade name of Colorado Health Insurance Cooperative, Inc.