7 Health Care Terms Every Employer Should Know

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7 Health Care Terms Every Employer Should Know

• Sometimes it feels like group health insurance
  benefits have their own language. If youve ever
  scratched your head at a benefit acronym, its
  likely that your employees have too. Before you
  make that big investment in your employees,
  there are seven key terms every benefits
  decision-maker should know
• . Premium.
• . Deductible.
• . Copayment.
• . Coinsurance.
• . Covered services.
• . In- network providers.
• . Out- of- pocket maximum/ limit.
• Source-thinkhealth.priorityhealth.com