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Insurance policies can be filled with words and phrases that are not commonly used in everyday conversation. Here are some of the most common insurance terms that you need to know. Coinsurance: The percentage (%) of your bill that the insurance will cover (after you pay the deductible) Deductible: The dollar amount of covered expenses you are responsible to pay the physician or hospital before the policy will pay any benefits. Copay: A set fee you pay for medical services, typically at the time
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Veeraj Gadda on Instagram: "Follow and comment “ISO” to get it in your dm. Healthcare in the US is expensive. One hospital visit can cost you thousands. If you are an international student, you might be paying too much without realizing it. Most schools automatically enroll you in their health insurance. It is often overpriced. You can waive it. I learned this the hard way while studying on a huge education loan. I wish I knew better options existed. That is why I partnered with ISO Insurance. •
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