Health Insurance Terms and Definitions
Health insurance can be confusing. Browse our health insurance glossary to better understand your coverage, benefits and costs.
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Common Health Insurance Terms
Allowed Amount
The allowed amount is the maximum amount your insurance will pay for a covered healthcare service. If your provider charges more, you may have to pay the difference.
Benefit
A benefit is a service your health plan covers (fully or partially pays for), such as doctor visits, hospital stays, preventive services or prescription medications.
Claim
A claim is...