Insurance Basics

Insurance FAQ

• Why do I need health insurance?
• How do I purchase health insurance?
• What is employer sponsored health insurance?
• What is the open enrollment period?
• What is the open enrollment period?
• What is the Copay?
• What is the Coinsurance?
• What are Premium Tax Credits (PTC)?
• What is Medicaid?
• What is Medicare?
• HMO, POS, PPO, and EPO. What are they?
• What is a HRA account?
• What is the premium?
• What is the deductible?
• What is the out-of-pocket maximum?
• What is the difference between in-network and out-of-network?
• What is the difference between a gold, silver and bronze plans?
• What is the difference between on-exchange plans and off-exchange plans?