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Health
Plan Glossary
Copayment:
Depending on the kind of insurance you have, you may have to pay
something each time you visit a doctor or get a prescription filled. The
amount you have to pay is your copayment. Your health insurance pays the
rest. For example, you might pay $15 for each prescription that you have
filled, or you may have to pay $10 each time you visit the doctor.
Deductible:
This is the amount you pay before your health insurance kicks in. For
example, if you have a $250 deductible, you have to pay for the first
$250 of medical bills out of your own pocket. After that, the insurance
company helps pay your medical bills.
Generic
Medicine: This
medicine has the same ingredients as
brand-name medicine but is usually cheaper. When you get a prescription
from your doctor, ask if you can get it filled with generic medicine. If
you can, make sure to tell your pharmacists that you want generic
medicine.
Health Maintenance Organization (HMO):
An HMO (Health Maintenance Organization) is an organization that
provides one type of health insurance. The HMO has agreements with
certain doctors and hospitals to give members of the HMO medical care at
a reduced cost. An HMO will give you a list of doctors, and you must
choose one. With some HMOs, you will pay nothing when you visit a
doctor. With other HMOs, you may have to pay a copayment.
Out of Plan: Most insurance plans provide you with a list of doctors who are part of
the plan. If you want to see a doctor who is not on the list, you are
going “out of plan.” You may have to pay the entire cost of the
visit yourself if you go “out of plan.”
Pre-existing
Condition:
This is an illness or a condition that you had before you joined the
health plan.
Primary Care Provider (PCP):
Your PCP (Primary Care Provider) is your main doctor, the one you go to
first. Sometimes your PCP will refer you to a specialized doctor, such
as a foot doctor or a skin doctor. |