How Health Insurance Coverage Works?

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How Health Insurance Coverage Works

• The Pennie health insurance can be the key to
  supporting your health and well-being. When you
  buy a plan, the company agrees to pay part of
  your medical costs when you get sick or hurt.
  Plans available through provide free preventive
  care, like vaccines, screenings, and check-ups.
  When you have insurance, you pay some costs and
  your insurance plan pays some
• Co-pay- A co-pay is a fixed amount you will pay
  for a medical service. Premium- A premium is a
  fixed amount you pay to your insurance plan,
  usually every month.
• Deductible- If you need medical care, a
  deductible is the amount you pay for care before
  the insurance company starts to pay its share.
• Co-insurance- Co-insurance is similar to co-pay,
  except its a percentage of costs you pay.
• Source- cohealthinfo.com