More About Decoding Health Insurance: A Clear Guide to Key Terms 📝
Clarity is vital in insurance. Yet, the maze of terms can leave us feeling perplexed.
Did you know that 56% of Americans are confused by health insurance Click for Details Today, we simplify the vital terms, so that you can make knowledgeable choices with ease.
1.Premiums: These are your monthly payments to keep the insurance active. Think of it as a membership fee for health protection.
2.Deductibles: The amount you pay before your insurance kicks in. Understanding this helps you budget for potential medical expenses.
3.Co-pay vs. Co-insurance: Co-pay is a fixed amount you pay for a service, while co-insurance is a percentage you share with your insurer. Knowing the difference ensures financial clarity. 💵
4.Out-of-Pocket Maximum: The maximum amount you'll pay for covered services in a policy period. Once reached, your insurer covers additional costs.
5.Network: The facilities, providers, and suppliers your insurer has contracted with. Staying in-network usually means lower costs.
For personalized guidance, contact Agent Bill Schmauch at State Farm Insurance - your trusted partner in navigating the complexities of health insurance. 👨💼
Click for Details
Did you know that 56% of Americans are confused by health insurance Click for Details Today, we simplify the vital terms, so that you can make knowledgeable choices with ease.
1.Premiums: These are your monthly payments to keep the insurance active. Think of it as a membership fee for health protection.
2.Deductibles: The amount you pay before your insurance kicks in. Understanding this helps you budget for potential medical expenses.
3.Co-pay vs. Co-insurance: Co-pay is a fixed amount you pay for a service, while co-insurance is a percentage you share with your insurer. Knowing the difference ensures financial clarity. 💵
4.Out-of-Pocket Maximum: The maximum amount you'll pay for covered services in a policy period. Once reached, your insurer covers additional costs.
5.Network: The facilities, providers, and suppliers your insurer has contracted with. Staying in-network usually means lower costs.
For personalized guidance, contact Agent Bill Schmauch at State Farm Insurance - your trusted partner in navigating the complexities of health insurance. 👨💼
Click for Details
Date & Time
April 28, 2024
Location
STATE FARM INSURANCE
1374 E Putnam Ave Fl 2
Greenwich, CT 06870
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More About STATE FARM INSURANCE
Welcome to the Bill Schmauch State Farm Agency! We have served the Greenwich, Connecticut area with State Farm Insurance services for over 13 years. We love helping our customers with all their insurance needs including Auto Insurance, Homeowners Insurance, Life Insurance, Renters Insurance, Condo Insurance, Boat Insurance, Financial Services, and much more. Our team has bi-lingual members that speak Spanish!
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Location
STATE FARM INSURANCE
1374 E. Putnam Avenue - 2nd floor
Old Greenwich, Connecticut 06870
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