A federal law providing comprehensive health insurance reforms, including coverage of essential health benefits and protections for people with pre-existing conditions.
A financial product that provides fixed payments at regular intervals, often used as retirement income.
Common dental procedures such as fillings, simple extractions, and X-rays.
The percentage of costs you share with your insurance after meeting your deductible (e.g., 20% coinsurance).
A fixed amount you pay for a covered healthcare service (e.g., $25 per doctor visit).
The amount you must pay out of pocket for healthcare services before your insurance starts to pay.
A set of 10 categories of services all ACA-compliant health plans must cover, including emergency care, maternity, and prescription drugs.
An annuity with guaranteed payouts at a set amount and schedule.
A health plan offered by an employer or organization to its employees or members.
An employer-funded plan that reimburses employees for qualified medical expenses.
A tax-advantaged savings account used with high-deductible health plans to pay for qualified healthcare expenses.
Extensive dental procedures such as crowns, bridges, dentures, and oral surgery.
A state and federally funded program that provides health coverage to low-income individuals and families.
A federal health insurance program for people 65 and older or those with certain disabilities.
A type of Medicare plan offered by private companies that includes Medicare Part A and B and often Part D.
Optional Medicare coverage that helps pay for prescription drugs.
Insurance that helps cover costs not paid by Original Medicare, like copayments and deductibles.
A designated period each year when individuals can enroll in or make changes to health insurance plans.
The most youll pay in a plan year before your health insurance covers 100% of allowed healthcare expenses.
The monthly payment required to maintain your health, dental, or vision insurance coverage.
Routine healthcare services like screenings and vaccinations that help prevent illness.
A health reimbursement plan for small businesses to reimburse employees for medical expenses and insurance premiums.
Temporary coverage for individuals in transition between long-term insurance plans.
A time outside open enrollment when you can sign up for health insurance due to life events like marriage, birth, or job loss.
Glossary of Common Driveshaft Terms
Insurance that helps pay for eye exams, glasses, contacts, and other vision-related services.
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