Insurance policies can be complicated. Do you know what your coverage is?
Here are some basic definitions:
Deductible- percentage of bill you are responsible for off the top
Co-Payment - the percentage that the insurance company covers. It is typically 50 to 80 percent.
Questions you should ask your insurance agent:
Does my policy have a limit on coverage and maximum benefits?
Am I covered for organ transplant surgery?
What is my out of pocket limit?
What prescriptions are covered? What do I have to pay for them?
Does my policy include emergency care and treatment in an intensive care unit?