Coinsurance and deductibles both affect how much you pay out-of-pocket for healthcare, but they work in different ways. While these terms may be confusing at first, understanding what they mean and how they relate to each other can make it easier to track your healthcare expenses and plan with confidence. 

Watch the video to learn: 

• What a deductible is and how it affects what you pay for care

• How coinsurance works after your deductible is met 

• How to read your medical bills and Explanation of Benefits (EOB) 

• Tips to help you manage your healthcare expenses 

Take a closer look at how these pieces fit together so you can feel more in control your healthcare costs and make informed decisions about your care.  

Want to learn more about health plans? Our full Health Plan Basics video series will help you make the most of your benefits.