Standard health insurance policies rarely cover 100% of medical bills right away. Even after meeting your annual deductible, most health plans require you to pay a percentage of costs called coinsurance, or fixed copayments, until you hit your annual out-of-pocket maximum. Only after you cross that maximum threshold for covered in-network services will insurance typically cover 100% of remaining medical bills for the rest of the plan year.
1 votes
Marked as accepted