The most expensive plan on my state’s marketplace. Honestly, I’m going to have to start selling myself, or my body parts, to be able to afford this shit.

but instead of federal buildings its going to be health insurance companies.

  • bigpharmasutra [he/him]@hexbear.netOP
    link
    fedilink
    English
    arrow-up
    7
    ·
    4 months ago

    No, we have three separate elements here:

    Premium - what you pay monthly, no matter what. The cost of entry.

    Deductible - is the amount you have to spend before the insurance “kicks in”. For Instance, on this plan, there is $0 deductible, which is VERY rare. In this instance, you’d start paying the co-pays right away. Normally, the deductible is a large amount of money. On those plans, you pay the full negotiated cost of the service, which could be in the hundreds or thousands.

    Out of pocket max - this is the total amount you have to pay before the insurance covers everything, co-pays included.