15
0Insurance.
Coverage.
Premium
Deductible.
Copayment.
©️Teather Tiffani
The American healthcare system can be daunting for newcomers due to its reliance on private insurance. Unlike some countries with universal healthcare, Americans typically pay a monthly fee called a "premium" for health insurance plans that offer varying levels of "coverage." These plans may have a "deductible," a yearly amount you pay out-of-pocket before insurance kicks in. Additionally, some visits may require a "copayment," a fixed fee paid at the time of service. Understanding these terms is crucial to navigate the system effectively.
