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Health Insurance works on the principle of sharing risk between the carrier and the insured. The carrier I represent is Blue Cross of California. If you were to subscribe to a particular insurance plan, you would be the insured.
Health insurance carriers share the risk of the insurance plan with the insured through the following overall approach:
You Pay the Deductible
You Pay the Co-insurance and/or Co-pay
You reach an out of pocket max and get everything covered at 100% after that.
Blue Cross Tonik
Posted by : Arzu Sepeti on
Wednesday, December 30, 2009
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