What are co-pays, deductibles, and out-of-pocket maximums?
Understanding these terms is key to managing your healthcare costs:
Co-pays: A fixed amount you pay for each visit or service. Deductibles: The amount you pay out-of-pocket before your insurance starts to cover services. Out-of-pocket maximums: The most you’ll have to pay in a year, after which your insurance covers 100% of services.