Jonquilyn Hill

You're not allowed to go out of network, right?

And you have to kind of ask for permission to see specialists.

The PPO is going to give you a lot more flexibility.

And so it probably is going to be more expensive and you'll feel that.

Okay, so we got HMOs, we got PPOs.

There's more jargon that shows up in open enrollment, and I'm hoping you can remind us what it means.

The words I'm thinking of are premium, copay, and deductible.

So there's a premium.

That's what comes out of your paycheck.

There's the deductible.

That's how much money you need to pay before your health insurance kicks in for certain services.

And then there's the copay.

So every time you visit your doctor, it might be $25, it might be $40.

That's how much money you pay and your insurance pays the rest of it.

So there's another plan that I've heard about, and that's the high deductible plan.

What is that and how does that fit into these options?

Yeah, so I think you want to think about how you're using healthcare.

If you're someone who is not using a lot of healthcare, a high deductible plan might be good for you.

What that means is you're paying very little in premiums.

So the premium is the part that comes out of your paycheck, right?