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Most Americans are Unable to Define Insurance Terms

February 28, 2017 By Caroline Jacobson

Most Americans are Unable to Define Insurance Terms

Insurance terms like PPO and COB are enough to make Americans say OMG. 96% of Americans fail to correctly define 4 basic health benefit definitions. And ironically, the 4 terms—deductible, co-insurance, co-pay and out-of-pocket maximum—all impact consumer cost. … [Read more...]

Filed Under: Dental Benefits Tagged With: co-insurance, co-pay, coverage costs, deductible, Delta Dental of New Mexico, Delta Dental of New Mexico Blog, dental benefits, health care, insurance 101, insurance definitions, insurance education, insurance knowledge, insurance news, insurance terms, maximum

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