Healthcare 101 Vocab
Across
- 6. Approval from a health plan that may be required before you receive a service for it to be covered by your plan.
- 11. The amount you pay for your health insurance every month.
- 12. Health insurance plan that limits coverage of care from doctors are part of the network. Generally, won't cover out-of-network care, except in an emergency.
- 14. A fixed amount you pay for covered healthcare services BEFORE your insurance starts to pay.
- 15. A fixed amount you pay for a covered health care service AFTER you’ve paid your deductible. These do NOT contribute towards your deductible.
Down
- 1. Employer-funded group health plans from which employees are reimbursed, tax-free, for qualified medical expenses up to a fixed dollar amount per year. Unused amounts may be rolled over to be used later.
- 2. The most you will have to pay for covered medical services in a year. Once you’ve spent this amount on deductibles, copays, and coinsurance, your health plan will then pay 100% of the costs of covered benefits.
- 3. A type of health spending account that lets you set aside money on a pre-tax basis to pay for qualified medical expenses. Employer and employee contributions.
- 4. Type of health plan that contracts with medical providers, such as hospitals and doctors, to create a large network of participating providers. You pay less if you use providers that belong to the plan’s network.
- 5. A percentage of cost(s) of a covered health care service you pay AFTER you’ve paid and met your deductible.
- 7. A contract that requires your health insurer to pay some or all your healthcare costs in exchange for a premium.
- 8. An arrangement through your employer that lets you pay for many out-of-pocket medical expenses with tax-free dollars. Employee contribution only.
- 9. Either the individual, or family, deductible must be met before insurance begins to pay. 2 Limits.
- 10. The entire family deductible must be met before insurance begins to pay. 1 Limit.
- 13. A plan with a higher deductible than a regular medical insurance plan. The monthly premium is usually lower, but you pay a larger deductible amount yourself before the insurance company starts to pay.