Copay A set fee you pay each time you receive medical care € $10 whenever you visit the doctor, for example.

You might want to print out these terms and definitions, adapted from a guide published by the federal , to consult when comparing different policies. They must be clearly spelled out in the plan's. Deductible How much you have to pay in a given year before your plan begins covering the cost. A Quick Guide to Health Insurance Lingo Policies have been dejargonized over the years, but some health insurance terms still need explaining A Quick Guide to Health Insurance Lingo Policies have been dejargonized over the years, but some health insurance terms still need explaining Health insurance has its own language, as young adults entering the world of healthcare policies will find. A typical health insurance policy or plan will pay 75 or 80 percent of a certain amount. The remainder is your coinsurance. Exclusions What a health plan or policy will not cover, sometimes called limitations.

Coinsurance How much you have to pay for medical care after meeting your deductible (below).