COPAY VS COINSURANCE (SAVE $$ WHILE COSTS RISE)

COPAY VS COINSURANCE (SAVE $$ WHILE COSTS RISE) / Are you ready to understand the difference between copay and coinsurance and the overall cost of your health benefits?

In this video Stephanie Kremic discusses the difference, allowing you to confidently choose a health plan (low cost, right premium, and/or best plan) and learn how to save money even as health insurance costs rise each year.

Do you think a more expensive premium health plan gives you better coverage over a lower priced premium plan? Let us know what you think in the comments below. ⤵️

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[MujerCronopio]

I love the way you explain this complicated things!

[samawad]

Great vid. Finally understood the difference between those terms. Thank you

[TheresaTruong]

Thanks for sharing. It's always good to save money where you can.

[BasiaRichard]

great info thank you for this video :)

[VeronicaDiPolo]

Very interesting Stephanie. I learn something new with you.

[TheOldMayfieldPlace]

Great explanation of what can be a confusing subject.

[ShawnBell]

Interesting. Never heard of copay and coinsurance

[littlebayexplorer]

Is the final example, the 20% is that the copay? Because you mentioned that co-insurance is paid by the insurance in the first example.

[theresahumphrey]

What if you never reach your out-of-pocket maximum for the entire year, you already paid your deductible and you continue to need medical care, do you continue to paid the 30 percent co-insurance on each medical care thats provided?