Health insurance protects your assets from the high cost of medical care. But how it works can be complicated if you don’t understand health insurance basics like what a deductible is, when copays apply, and how coinsurance works. Below we tackle these considerations and why health insurance is essential no matter how complicated it might seem. Key Takeaways Health insurance is a necessity for most Americans who cannot afford to pay medical bills out of pocket. The cost of your health insurance premium is based on a combination of your…
Read More