09/02/2026
π𦫠Health Insurance Term of the Week: PREMIUM
Ever wondered what that monthly insurance payment actually is? π€
Your premium is the amount you pay to have your health insurance coverage, typically every month. π΅π
Think of it like your membership fee for having the insurance plan in place.
But here's the important part! π
A lower premium doesn't automatically mean a better plan. β οΈ
You also need to consider:
π° Deductibles
π³ Copays
π Coinsurance
π₯ Provider networks
π Prescription coverage
π Out-of-pocket costs
β¨ The cheapest plan isn't always the plan that best fits your needs.
Need help understanding your options?
π² Send me a message or give me a call!
Susan Beavers
Insurance with The Beave's
The Insurance Agent who gives a Dam!
π919-622-2299