{"id":128,"date":"2025-01-16T09:29:38","date_gmt":"2025-01-16T09:29:38","guid":{"rendered":"https:\/\/onesourcepa.hashcyber.website\/?page_id=128"},"modified":"2025-01-18T10:51:34","modified_gmt":"2025-01-18T10:51:34","slug":"health-insurance-glossary","status":"publish","type":"page","link":"https:\/\/onesourcepa.org\/?page_id=128","title":{"rendered":"Health Insurance Glossary"},"content":{"rendered":"\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
Empowering You with Knowledge\n<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t

Health Insurance Glossary\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\tNavigating the world of health insurance can be daunting. This glossary is designed to simplify the terminology, helping you make informed decisions about your healthcare coverage.\n\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t

Common Health Insurance Terms\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

Premium<\/strong>
The amount you pay for your health insurance plan, typically on a monthly basis.<\/p>

Deductible<\/strong>
The amount you must pay out of pocket for healthcare services before your insurance begins to cover costs.<\/p>

Co-pay<\/strong>
A fixed fee you pay for specific services, such as a doctor’s visit or prescription medication, at the time of service.<\/p>

Out-of-Pocket Maximum<\/strong>
The most you\u2019ll pay during a policy period for covered healthcare services, after which your insurance pays 100% of the remaining costs.<\/p>

Network<\/strong>
The group of doctors, hospitals, and other healthcare providers that your insurance company has contracted with to provide services at discounted rates.<\/p>

Explanation of Benefits (EOB)<\/strong>
A statement from your insurer explaining what costs were covered for a medical service and what portion you may owe.<\/p>

Claim<\/strong>
A request for payment that you or your healthcare provider submits to your insurance company for covered medical services.<\/p>

Coinsurance<\/strong>
The percentage of costs you share with your insurance company after your deductible is met.<\/p>

Formulary<\/strong>
A list of prescription drugs covered by your insurance plan, including details on costs and alternatives.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t

Learn More About Your Coverage\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\tUnderstanding these terms can help you better manage your health and finances. If you have further questions, contact us for personalized assistance in decoding your health insurance.\n\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\tHave Questions? We\u2019re Here to Help!\n<\/strong>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Empowering You with Knowledge Health Insurance Glossary Navigating the world of health insurance can be daunting. This glossary is designed to simplify the terminology, helping you make informed decisions about your healthcare coverage. Common Health Insurance Terms PremiumThe amount you pay for your health insurance plan, typically on a monthly basis. DeductibleThe amount you must […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-128","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/onesourcepa.org\/index.php?rest_route=\/wp\/v2\/pages\/128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/onesourcepa.org\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/onesourcepa.org\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/onesourcepa.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/onesourcepa.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128"}],"version-history":[{"count":7,"href":"https:\/\/onesourcepa.org\/index.php?rest_route=\/wp\/v2\/pages\/128\/revisions"}],"predecessor-version":[{"id":388,"href":"https:\/\/onesourcepa.org\/index.php?rest_route=\/wp\/v2\/pages\/128\/revisions\/388"}],"wp:attachment":[{"href":"https:\/\/onesourcepa.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}