Monday, April 14, 2014

Understanding Deductibles...

Are you muddling over health insurance options? Are you confused with the insurance industry's terminology and lethargic contracts? We've published free resources to help you navigate the health insurance process. Most insurance policies require you to cover part of your health expenses yourself . The portion covered out of your own pocket is called the "deductible". This money requirement is paid before the company pays anything. Under some policies the deductible is annual, and you pay only once each year if you use the insurance. Under others, you pay the deductible each time you have an illness or injury. In choosing insurance, you should think carefully about how much you can afford to pay out of your own pocket each time you are sick or injured, and weigh the deductible against the premium before you decide. If you have questions about health insurance we're here to help.We can assist you in finding the right coverage for you at the right cost for your pockets. Visit our Health Insurance Resource page for more information on health coverage.

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