Tag: Co-insurance

Dec

20 terms that you should know before buying student health plan (part 1/2)

By snigdha No comments yet Co-insurance, Co-pay, deductibles, EPO. PPO, HMO, In-Network Hospital, Network Area, Out-of-Netowrk Hospital

Buying a student health insurance plan in countries like the US may be tricky for Indian students. This is because most Indian students are not familiar with the meaning of certain terms associated with health insurance in the US. Therefore, in order to help develop a proper understanding of those terms, Student Cover brings you a 2 part blog series

Nov

What are Deductibles and how they differ from co-pay and co-insurance?

By snigdha No comments yet Co-insurance, Co-pay, deductibles, US health insurance

Terms like deductibles, co-pays and co-insurance in health insurance plans often confuse students who go from countries like India to countries like the US, UK, Canada or Australia for higher studies. This is because the practice of cost sharing between the client and health insurance provider is quite alien in India. The cost for the insurance buyer is only limited