What does it mean to meet your deductible on health insurance?

Answer A health insurance deductible is met when the insured pays the deductible amount stipulated in the policy. For example, if the policy deductible for hospitalization is $1,000, the policy holder is ... Read More »

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What does deductible mean in health insurance?

A deductible is the amount your health insurance company requires you to pay out of pocket before your coverage kicks in. The deductible may vary based on the treatment you are seeking, and the lev... Read More »

If you change jobs and health insurance does the amount paid out of pocket expenses for deductible or coinsurance on old policy transfer to your new one in the same year?

I don't know of any provision for your deductible or coinsurance to be taken over if YOU change jobs. They must though give you credit against a pre-exisitng condition clause If an employer though ... Read More »

If you are the custodial parent and have no health insurance but your new spouse does will your ex-husband's health insurance be primary or secondary?

Answer The birthday rule is often used to determine which plan is primary and which is secondary. Under this rule, the plan of the parent whose birthday occurs first in the calendar year is designa... Read More »

What does 10% co-insurance after deductible mean?

Co-insurance means you share the cost, along with your health insurance provider, of medical treatments and drugs. Co-insurance often kicks in after you meet a deductible, which is an amount you m... Read More »