Choosing the right health insurance plan and navigating the many health insurance options got you down? Know the difference between the out of pocket maximum and out of pocket deductible/ health insurance deductible?
This video: Health Insurance Deductible vs Out of Pocket | SAVE MONEY & Understand Your Health Insurance Costs, explains the three stages of healthcare costs.
When do you pay?
When do you and the insurance company pay?
And when does just the insurance company pay?
Plus how the out of pocket maximum, deductible, premium, copay and coinsurance play into these three stages of healthcare costs and choosing a health insurance plan that’s right for you.
And if you stay until the very end, we’ll even reveal our top two tips for lowering your medical costs IMMEDIATELY!
Time Stamps
0:00 Intro & Your Health Insurance Premium
2:20 When Do You Pay & The Deductible
5:17 When Do Both Pay, The Copay & The Coinsurance
7:27 When The Insurance Company Pays & The Maximum Out Of Pocket
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