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Follow on Google News | Understanding Co-Insurance With A Health PlanNevada Insurance Enrollment Explains What Health Co-Insurance Is
A "deductible" is an amount you pay before the Insurance Company starts paying (plans will have different deductibles $250, $500, $2,000 etc., so read your plan). Think of it like 1st base in a game of baseball. Once you've paid all of your deductible, you are standing on 1st base. Now you'll begin to move towards 2nd base – "Co-insurance" Your next step is 3rd base or your "Out of Pocket Maximum". This is the maximum YOU have to pay in a year, not the insurance company. Once you've met your out of pocket maximum, you are now done paying anything else. The insurance company will pick you up on 3rd base, and carry you to home plate. Note: This is an annual accrual, meaning it starts January 1st and ends December 31st each year. Getting Co-Insurance From Nevada Insurance Enrollment Navigating through the many options of insurance can be confusing and chaotic, but speaking with a locally licensed insurance agent will help you to obtain the right coverage you need. You'll have the peace of mind knowing that you are adequately insured when life complications arise. We work hard to find the most competitive quotes for your needs. Contact us today to begin the process of finding the best insurance plan for your family. Read the full article:https://www.nevadainsuranceenrollment.com/ Learn more:https://www.nevadainsuranceenrollment.com/ Nevada Insurance Enrollment 4260 W. Craig Road suite #150-A North Las Vegas, NV 89032 (702) 898-0554 Website: NevadaInsuranceEnrollment.com End
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