09/30/2026
π’ The 5 Numbers You Need to Know When Comparing Health Plans
When evaluating health insurance, the monthly premium is only part of the equation.
Make sure you understand:
π΅ Premium
π§Ύ Deductible
π³ Copay
π Coinsurance
π Out-of-pocket maximum
These costs work together, and the right combination depends on your individual healthcare needs.
For example, someone who rarely visits the doctor may evaluate a plan differently than someone anticipating regular treatment or a major procedure.
As Open Enrollment approaches, take the time to understand the numbers in your current planβand use them as a starting point when comparing your options.
Understanding your coverage is one of the best ways to make a more informed insurance decision.