{"id":1033,"date":"2015-01-15T17:17:02","date_gmt":"2015-01-15T17:17:02","guid":{"rendered":"https:\/\/www.kcal.net\/english\/?p=1033"},"modified":"2018-12-05T21:37:27","modified_gmt":"2018-12-05T21:37:27","slug":"medical-terms-and-costs","status":"publish","type":"post","link":"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs","title":{"rendered":"Do You Know How to Calculate Your Medical Fees?"},"content":{"rendered":"

When choosing your health insurance plan, you must make sure that the doctors are within the medical network. But to find the most affordable plan, you must pay attention to these two things:<\/p>\n

1. Deductible, and how high or low they are,<\/p>\n

2. Co-insurance, and if they are reasonable.<\/p>\n

But what is deductible? What is coinsurance? Don\u2019t be intimidated or confused by these words! Let\u2019s take a look at the figure below to clarify the definitions. (Click to enlarge<\/a>)<\/p>\n

\"\"<\/p>\n

Deductible\u00a0<\/strong><\/p>\n

Some insurance plans have a deductible, which means that the insured will be paying out-of-pocket and must pay up to a certain amount of medical expenses themselves before the insurance company can start to cover your medical expenses. Deductible is calculated annually and the insured will have to pay this amount every year. Typically, the higher the deductible, the lower the premium.<\/p>\n

Some people feel that they\u2019re pretty healthy so they choose a high deductible plan to save money. You should still calculate your own finances before deciding because if an accident happens, you want to make sure you\u2019ll be able to afford your high deductible.<\/p>\n

Copay vs. Coinsurance\u00a0<\/strong><\/p>\n

After the insured reaches the deductible, the insurance company will pay for most of the medical expenses for the insured. The insured will only need to pay the copay or coinsurance.<\/p>\n

Copay is a fixed amount you pay for a service such as going to see the doctor or getting medication. The amount varies by service and depending on what health insurance plan you have.<\/p>\n

Coinsurance is a share of costs that you will pay for a service. You will usually pay 15-30% percent of the charged amount of the service.<\/p>\n

Out-of-pocket limit\u00a0<\/strong><\/p>\n

To put it in simple terms, deductible, copay, and coinsurance are not fixed amounts. The more you see a doctor, the more out-of-pocket expenses you will have to pay.<\/p>\n

After the implementation of Obamacare, every plan has a maximum they cannot pass to prevent the medical fees from being too high, and this is called the out-of-pocket limit. Once you reach the out-of-pocket limit, the insurance company will cover 100% of your medical fees.<\/p>\n","protected":false},"excerpt":{"rendered":"

How can you find the most affordable health insurance plan? The amount you have to pay for deductibles, co-pays, and co-insurance can help you decide.<\/p>\n","protected":false},"author":1,"featured_media":6382,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[12],"tags":[88],"class_list":["post-1033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-our-blog","tag-health-insurance"],"yoast_head":"\nDo You Know How to Calculate Your Health Insurance Bill? | KCAL<\/title>\n<meta name=\"description\" content=\"How can you find the most affordable health insurance plan? The amount you have to pay for deductibles, co-pays, and co-insurance can help you decide.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Do You Know How to Calculate Your Medical Fees?\" \/>\n<meta property=\"og:description\" content=\"How can you find the most affordable health insurance plan? The amount you have to pay for deductibles, co-pays, and co-insurance can help you decide.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs\" \/>\n<meta property=\"og:site_name\" content=\"KCAL Insurance Agency\" \/>\n<meta property=\"article:published_time\" content=\"2015-01-15T17:17:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-12-05T21:37:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.kcal.net\/english\/wp-content\/uploads\/sites\/3\/2015\/02\/deductibles-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"KCAL\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"KCAL\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/our-blog\\\/medical-terms-and-costs#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/our-blog\\\/medical-terms-and-costs\"},\"author\":{\"name\":\"KCAL\",\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/#\\\/schema\\\/person\\\/e82c89d1071cabfa77bb979f19856f36\"},\"headline\":\"Do You Know How to Calculate Your Medical Fees?\",\"datePublished\":\"2015-01-15T17:17:02+00:00\",\"dateModified\":\"2018-12-05T21:37:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/our-blog\\\/medical-terms-and-costs\"},\"wordCount\":366,\"publisher\":{\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/our-blog\\\/medical-terms-and-costs#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2015\\\/02\\\/deductibles-2.jpg?wsr\",\"keywords\":[\"health insurance\"],\"articleSection\":[\"KCAL Insight\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/our-blog\\\/medical-terms-and-costs\",\"url\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/our-blog\\\/medical-terms-and-costs\",\"name\":\"Do You Know How to Calculate Your Health Insurance Bill? | KCAL\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/our-blog\\\/medical-terms-and-costs#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/our-blog\\\/medical-terms-and-costs#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2015\\\/02\\\/deductibles-2.jpg?wsr\",\"datePublished\":\"2015-01-15T17:17:02+00:00\",\"dateModified\":\"2018-12-05T21:37:27+00:00\",\"description\":\"How can you find the most affordable health insurance plan? The amount you have to pay for deductibles, co-pays, and co-insurance can help you decide.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/our-blog\\\/medical-terms-and-costs#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.kcal.net\\\/english\\\/our-blog\\\/medical-terms-and-costs\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/our-blog\\\/medical-terms-and-costs#primaryimage\",\"url\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2015\\\/02\\\/deductibles-2.jpg?wsr\",\"contentUrl\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2015\\\/02\\\/deductibles-2.jpg?wsr\",\"width\":1200,\"height\":628},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/our-blog\\\/medical-terms-and-costs#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Do You Know How to Calculate Your Medical Fees?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/#website\",\"url\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/\",\"name\":\"KCAL Insurance Agency\",\"description\":\"KCAL Insurance Agency\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/#organization\",\"name\":\"KCAL Insurance Agency\",\"url\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2017\\\/05\\\/kcal-logo.png\",\"contentUrl\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2017\\\/05\\\/kcal-logo.png\",\"width\":765,\"height\":216,\"caption\":\"KCAL Insurance Agency\"},\"image\":{\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/#\\\/schema\\\/person\\\/e82c89d1071cabfa77bb979f19856f36\",\"name\":\"KCAL\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/795ccb54a2be023af51a1db4f1e0bf50dd406e23e322df776486f12f4002a67b?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/795ccb54a2be023af51a1db4f1e0bf50dd406e23e322df776486f12f4002a67b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/795ccb54a2be023af51a1db4f1e0bf50dd406e23e322df776486f12f4002a67b?s=96&d=mm&r=g\",\"caption\":\"KCAL\"},\"url\":\"https:\\\/\\\/www.kcal.net\\\/english\\\/author\\\/admin\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Do You Know How to Calculate Your Health Insurance Bill? | KCAL","description":"How can you find the most affordable health insurance plan? The amount you have to pay for deductibles, co-pays, and co-insurance can help you decide.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs","og_locale":"en_US","og_type":"article","og_title":"Do You Know How to Calculate Your Medical Fees?","og_description":"How can you find the most affordable health insurance plan? The amount you have to pay for deductibles, co-pays, and co-insurance can help you decide.","og_url":"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs","og_site_name":"KCAL Insurance Agency","article_published_time":"2015-01-15T17:17:02+00:00","article_modified_time":"2018-12-05T21:37:27+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/www.kcal.net\/english\/wp-content\/uploads\/sites\/3\/2015\/02\/deductibles-2.jpg","type":"image\/jpeg"}],"author":"KCAL","twitter_card":"summary_large_image","twitter_misc":{"Written by":"KCAL","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs#article","isPartOf":{"@id":"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs"},"author":{"name":"KCAL","@id":"https:\/\/www.kcal.net\/english\/#\/schema\/person\/e82c89d1071cabfa77bb979f19856f36"},"headline":"Do You Know How to Calculate Your Medical Fees?","datePublished":"2015-01-15T17:17:02+00:00","dateModified":"2018-12-05T21:37:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs"},"wordCount":366,"publisher":{"@id":"https:\/\/www.kcal.net\/english\/#organization"},"image":{"@id":"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs#primaryimage"},"thumbnailUrl":"https:\/\/www.kcal.net\/english\/wp-content\/uploads\/sites\/3\/2015\/02\/deductibles-2.jpg?wsr","keywords":["health insurance"],"articleSection":["KCAL Insight"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs","url":"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs","name":"Do You Know How to Calculate Your Health Insurance Bill? | KCAL","isPartOf":{"@id":"https:\/\/www.kcal.net\/english\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs#primaryimage"},"image":{"@id":"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs#primaryimage"},"thumbnailUrl":"https:\/\/www.kcal.net\/english\/wp-content\/uploads\/sites\/3\/2015\/02\/deductibles-2.jpg?wsr","datePublished":"2015-01-15T17:17:02+00:00","dateModified":"2018-12-05T21:37:27+00:00","description":"How can you find the most affordable health insurance plan? The amount you have to pay for deductibles, co-pays, and co-insurance can help you decide.","breadcrumb":{"@id":"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs#primaryimage","url":"https:\/\/www.kcal.net\/english\/wp-content\/uploads\/sites\/3\/2015\/02\/deductibles-2.jpg?wsr","contentUrl":"https:\/\/www.kcal.net\/english\/wp-content\/uploads\/sites\/3\/2015\/02\/deductibles-2.jpg?wsr","width":1200,"height":628},{"@type":"BreadcrumbList","@id":"https:\/\/www.kcal.net\/english\/our-blog\/medical-terms-and-costs#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.kcal.net\/english\/"},{"@type":"ListItem","position":2,"name":"Do You Know How to Calculate Your Medical Fees?"}]},{"@type":"WebSite","@id":"https:\/\/www.kcal.net\/english\/#website","url":"https:\/\/www.kcal.net\/english\/","name":"KCAL Insurance Agency","description":"KCAL Insurance Agency","publisher":{"@id":"https:\/\/www.kcal.net\/english\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.kcal.net\/english\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.kcal.net\/english\/#organization","name":"KCAL Insurance Agency","url":"https:\/\/www.kcal.net\/english\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.kcal.net\/english\/#\/schema\/logo\/image\/","url":"https:\/\/www.kcal.net\/english\/wp-content\/uploads\/sites\/3\/2017\/05\/kcal-logo.png","contentUrl":"https:\/\/www.kcal.net\/english\/wp-content\/uploads\/sites\/3\/2017\/05\/kcal-logo.png","width":765,"height":216,"caption":"KCAL Insurance Agency"},"image":{"@id":"https:\/\/www.kcal.net\/english\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.kcal.net\/english\/#\/schema\/person\/e82c89d1071cabfa77bb979f19856f36","name":"KCAL","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/795ccb54a2be023af51a1db4f1e0bf50dd406e23e322df776486f12f4002a67b?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/795ccb54a2be023af51a1db4f1e0bf50dd406e23e322df776486f12f4002a67b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/795ccb54a2be023af51a1db4f1e0bf50dd406e23e322df776486f12f4002a67b?s=96&d=mm&r=g","caption":"KCAL"},"url":"https:\/\/www.kcal.net\/english\/author\/admin"}]}},"_links":{"self":[{"href":"https:\/\/www.kcal.net\/english\/wp-json\/wp\/v2\/posts\/1033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kcal.net\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kcal.net\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kcal.net\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kcal.net\/english\/wp-json\/wp\/v2\/comments?post=1033"}],"version-history":[{"count":0,"href":"https:\/\/www.kcal.net\/english\/wp-json\/wp\/v2\/posts\/1033\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kcal.net\/english\/wp-json\/wp\/v2\/media\/6382"}],"wp:attachment":[{"href":"https:\/\/www.kcal.net\/english\/wp-json\/wp\/v2\/media?parent=1033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kcal.net\/english\/wp-json\/wp\/v2\/categories?post=1033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kcal.net\/english\/wp-json\/wp\/v2\/tags?post=1033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}