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The details of particular health insurance policies can get complicated, but the general process is the same. So, how does health insurance work? In this episode of HR FAQ, Taylor answers that question and explains a few essential terms you need to know.
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▬ Episode Resources & Links ▬▬▬▬▬▬▬▬▬▬
How Does Health Insurance Work? | BerniePortal
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▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
00:00 Intro
00:17 How Does Health Insurance Work?
01:32 What is a Premium?
02:41 What is a Deductible?
03:18 What is Coinsurance?
03:53 What is a Copayment?
04:30 What is an Out-of-Pocket Maximum?
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