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20 health insurance terms you should know

Published: Oct 01 2013 01:05:50 PM EDT   Updated On: Dec 24 2013 08:57:41 AM EST

With the Affordable Care Act health care exchanges open for enrollment, here are some terms you may want to learn before you dive into a decision about your health insurance for next year.

health insurance terms - allowed amount
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Allowed amount

This may also be called an "eligible expense" or "negotiated rate" or "payment allowance." It is the maximum amount on which payment is based for health care services that are covered by your insurance.

Video FAQs

health care reform FAQ 1

Do I have to get health insurance?

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What if I can't afford health insurance?

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Will I have to change doctors?

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Can I just keep the insurance I have?

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What kind of benefits can I expect?

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Can my auto-home-life insurance agent enroll me?

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Will past health problems keep me from getting coverage?

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Can my employer cut my hours?

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health care reform FAQ 10

Can my adult children be covered by my policy?

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