Blog

  Happy New Years! It’s now that time of year when most health insurance policies renew.  J  Sometimes the terminology in health insurance policies can be a little confusing, so we are here to help!  We have chosen a few common insurance terms and explained them in a bit more detail so they are easier to understand.  Remember, it’s always a good idea to call your insurance company with any kind of question or clarification you may need.  They are always willing to help, as is Hart Medical Equipment!   What is a Deductible? The deductible is a set dollar amount the patient must pay before the insurance company starts picking up some of the cost for the medical benefits. Once you meet your deductible, the insurance will pick up a set percentage of what the patient is responsible for and leave them with a coinsurance to pay.   What is a Coinsurance? Coinsurance is a set percentage of coverage the patient is responsible