healthcare premiums
Monthly coverage payments
Healthcare premiums are the regular payments made to maintain health insurance coverage, typically paid monthly regardless of whether medical services are used.
Employers often cover part of the premium, with employees paying the remainder through payroll deductions: My healthcare premiums went up again this year.
Premiums are distinct from deductibles and copays, which are paid when receiving care.
- monthly paymentRecurring scheduled remittance
- price tagDisplayed cost marker
- sticker shockDistress from unexpected expense
- annual increasePeriodic rise each year
- risk poolShared-liability insurance group
deductible · high deductible · copayment · underwriting · pre-existing condition · affordability · subsidies · employer contribution · preventive care · out-of-pocket maximum · enrollment period · claims processing · family plan · network provider · age rating · portability · prescription drugs · emergency care
healthcare premiumscopays
Patient's partial payment obligation
copayments · deductibles · coinsurance · out-of-pocket costs · medical bills
healthcare, health, healthy, healthier, healthiest, healthily, unhealthy, healthiness, caring