Co-insurance

Understanding health insurance can be confusing, so Royalton Psychological Associates, LLC. has put together this explanation of insurance co-insurance. What is co-insurance? The percentage of costs of a covered health care service you pay (ex. 20%) after you have paid your deductible. For example, your health insurance plan’s allowed amount for an office visit is […]

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Copayments (Co-pays)

Understanding health insurance can be confusing, so Royalton Psychological Associates, LLC. has put together this explanation of insurance copayments (co-pays). What is a co-pay? A fixed amount (example $20) you pay for a covered health care service after you have paid your deductible. For example, your health insurance plan’s allowable cost for a doctor’s office […]

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Deductibles

Understanding health insurance can be confusing, so Royalton Psychological Associates, LLC. has put together this explanation of insurance deductibles. What is a deductible? The deductible is the amount you pay for covered health care services before your insurance plan starts to pay. For example, with a $2,000 deductible you pay the first $2,000 of covered […]

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