Page 6 - 2016 Enrollment
P. 6
Open Enrollment
Myuhc.com
Looking for a provider or facility? Insurance Terms
Looking for health and wellness advice?
Myuhc.com has more tools all in one spot Deductible
for you. Here are some of them. A deductible is the amount of money you must pay before the
Search for providers plan begins sharing the cost of your beneits. You must satisfy your
deductible before the plan will begin paying coinsurance toward your
Get practical advice on conditions
medical expenses.
Complete a health risk assessment
Compare hospitals Coinsurance
Coinsurance is the percentage of the bill that is your responsibility
Research the cost of a procedure
once all of the deductible amount has been satisied. Coinsurance is
Look at your family’s explanation of applied to the same services as the deductible.
beneits (EOBs)
Research the cost of a prescription Out-of-Pocket Maximum
Chat with a live nurse The out-of-pocket maximum is designed to protect you in the event
of a catastrophic illness or injury. After you have paid the speciied
Order a replacement ID card
out-of-pocket amount during a policy year, the plan pays the
Review your beneits remaining covered services at 100 percent. Note the copayments and
other speciied charges are included in the out-of-pocket maximum.
Copay
A copay is a speciied amount you will pay for prescription drugs at
the time the service is rendered, with the plan paying the remaining
costs. Remember, you must satisfy your medical plan deductible
irst before your prescription drug copays will take effect. If you
need to purchase prescription drugs before you satisfy your medical
plan deductible you will be responsible for the full amount of those
prescriptions.
6
Myuhc.com
Looking for a provider or facility? Insurance Terms
Looking for health and wellness advice?
Myuhc.com has more tools all in one spot Deductible
for you. Here are some of them. A deductible is the amount of money you must pay before the
Search for providers plan begins sharing the cost of your beneits. You must satisfy your
deductible before the plan will begin paying coinsurance toward your
Get practical advice on conditions
medical expenses.
Complete a health risk assessment
Compare hospitals Coinsurance
Coinsurance is the percentage of the bill that is your responsibility
Research the cost of a procedure
once all of the deductible amount has been satisied. Coinsurance is
Look at your family’s explanation of applied to the same services as the deductible.
beneits (EOBs)
Research the cost of a prescription Out-of-Pocket Maximum
Chat with a live nurse The out-of-pocket maximum is designed to protect you in the event
of a catastrophic illness or injury. After you have paid the speciied
Order a replacement ID card
out-of-pocket amount during a policy year, the plan pays the
Review your beneits remaining covered services at 100 percent. Note the copayments and
other speciied charges are included in the out-of-pocket maximum.
Copay
A copay is a speciied amount you will pay for prescription drugs at
the time the service is rendered, with the plan paying the remaining
costs. Remember, you must satisfy your medical plan deductible
irst before your prescription drug copays will take effect. If you
need to purchase prescription drugs before you satisfy your medical
plan deductible you will be responsible for the full amount of those
prescriptions.
6
