We know that health insurance can be difficult to understand, so we've gathered information and resources to provide a one-stop shop for your questions.
Any question is a good question. We're here to help!
Health insurance terms and phrases can be confusing, so here's a list to help you:
This quick video, courtesy of Kaiser Permanente, explains health insurance using easy-to-understand terminology. It breaks down important insurance concepts, such as premiums, deductibles, provider networks. You'll also learn how to pay for coverage and obtain medical care and prescription drugs when enrolled in various types of health insurance, including HMOs and PPOs.
Simply put, healthcare costs are often too high for many people to afford. Your premium (i.e. how much you pay for your health insurance each month) covers the costs that Baylor Scott & White Health Plan absorbs to provide your insurance coverage as well as the medical care you might receive — everything from prescription drugs and doctor visits to hospital stays and customer service. Here's a breakdown of where your premium dollar goes:
This data represents how commercial health plans spend your premiums. This data includes employer-provided coverage as well as coverage you purchase on your own. Data reflects averages for the 2016-18 benefit years. Percentages do not add up to 100% due to rounding. Content and Design AHIP—All Rights Reserved: © AHIP 2021.
Here’s another video, courtesy of America’s Health Insurance Plans (AHIP), showing you how your provider network helps you maximize your health plan benefits while minimizing the effect on your wallet.
In this video, courtesy of AHIP, see what goes into selecting a health plan that’s right for you and your family.