20 health insurance terms you should know

POSTED: 10:05 AM PDT Oct 01, 2013    UPDATED: 05:57 AM PST Dec 24, 2013 

With the Affordable Care Act health care exchanges open for enrollment, here are some terms you may want to learn before you dive into a decision about your health insurance for next year.

health insurance terms - allowed amount
1 / 21
iStock/creo77

Allowed amount

This may also be called an "eligible expense" or "negotiated rate" or "payment allowance." It is the maximum amount on which payment is based for health care services that are covered by your insurance.

Comments

The views expressed are not those of this company or its affiliated companies. Please note by clicking on "Post" you acknowledge that you have read the Terms Of Service and the comment you are posting is in compliance with such terms. 
blog comments powered by Disqus
 
3 areas are now under advisories, watches or severe weather warnings.

Local Weather Forecast

Advertisement

Most Popular Stories

Advertisement

Toolbox