The Ultimate Guide to Maximum Out Of Pocket

It’s on the plan finder and you see it when you enroll – but what does Maximum Out of Pocket mean to your pocket? Short answer, it means exactly what it says. The Maximum Out of Pocket is the maximum amount you will be expected to pay toward your health insurance for the coverage year….

The Normal Person’s Guide to Copays

We’ll get back to Mary and Billy tomorrow – but first, let’s get the hang of these copay things! Copays are probably the simplest of the payment options – a copay is a set amount of money that you pay for a given service. That’s it. Simple. There are two possible ways that copays will…

The Simple Guide to Deductibles

Okay, today we’re doing math. Stop grumbling – deductibles are math that matters – to your pocketbook! But we will try to keep the math to a minimum. So we’ll start instead with a quick vocabulary lesson: What is a deductible, anyway? Well, let’s see what the Business Dictionary has to say… Deductible: Fixed amount…