Glossary of Health Insurance and Employee Benefit Terms
The healthcare industry has changed quickly and drastically and continues to do so almost daily. The only thing that seems to stay the same is the constant rising cost. Whether you are an employer, employee, or an individual, you are being exposed to more out-of-pocket expenses across the board.
Now more than ever, you need to know how your insurance works.
At Employee Benefit Consultants, it’s our goal to educate health care consumers in the communities where we live and work. The more knowledgeable you are, the easier our job is and the more money stays in your pocket.
To help you become a smarter healthcare consumer, we’ve put together a list of key insurance terms and what they mean. Before you know it, you’ll be reading and using your policy like a pro!