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Category Archives: Insurance Vocabulary & Terms

Making Sense of the Different Types of Plan Structures

This article discusses five types of insurance plans to help you better understand them. Knowing how each is structured will help you choose the right plan for you or your family.

Health Insurance Glossary

This article provides a list of health terms that are important to know as you navigate the healthcare insurance industry, you may run into terms that are confusing but important to know.

EOB Vocabulary

This article provides important EOB vocabulary to help you better understand what your EOB means.

Words that Impact Your Bill

In this article, learn that medical billing can be overwhelming and daunting. But if you become familiar with some important language that impacts your bill, it can ensure you can catch any issues that may present on your medical bills.

Know The Vocabulary!

This article explains that once you utilize the benefits outlined in your health insurance plan, it's a good idea to brush up on some of the common terms. Here you'll find a list of some concepts that are important to know.

Know Your Plan and How It Affects Your Wallet

This article explains that by reading and understanding the healthcare jargon in your plan, you’ll be better informed about your financial limitations and opportunities.

The Ins and Outs of Private Health Insurance

This article discusses the importance of learning about your health insurance plan and communication with health insurance providers isn’t always a breeze. All coverage terms vary depending on your out-of-pocket costs, which is why it’s really important to get to know your plan. There are several ways they can differ including annual deductible amounts, co-pays, and prescription amounts.

What Does an EOB Statement Look Like?

This article explains that EOB formatting will vary from insurance company; however all EOBs should contain the following information. Each section of this sample EOB corresponds to the following explanations. Enrollee Name and Policy Number: Identifies the policyholder.

Video: Words to Know

This 2 minute video discusses key vocabulary related to your insurance plan. Words discussed in this video include Provider, Primary Care Provider, Specialist, Network, Out-Of-Network, Deductible, Co-Insurance, and Co-Payment.