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There are two types of payments for insurance services under the American model. The periodic payment, paid in order to maintain health insurance coverage, is called the premium. When a worker's insurance pays a medical expense, a certain fixed amount of the expense is paid by the worker. This payment is called the deductible.
There are two types of payments for insurance services under the American model. The periodic payment, paid in order to maintain health insurance coverage, is called the premium. When a worker's insurance pays a medical expense, a certain fixed amount of the expense is paid by the worker. This payment is called the deductible.
==See also==
*[[HMO]], i.e., "[[health maintenance organization]]