Glossary

• Coinsurance: Percentage of the charge that your plan will pay.
• Copay: An amount you pay for a covered service each time you use that service. It does not apply toward the deductible.

• Deductible: The amount you pay before the plan begins to pay.
• Health Savings Account (HSA): An account that lets you use pre-tax money to pay for eligible healthcare expenses.
• Out-of-pocket costs: Expenses you pay yourself, such as deductibles, copays and uncovered services.
• Out-of-Pocket Maximum: The maximum amount you pay for covered services in a year.
• Prescriptions:
• Generic medications are the least expensive and similar to more costly alternatives, but are not sold using a brand name.
• Preferred Brand medications are available at a lower cost to you (but more expensive than generic medications).
• Non-Preferred Brand medications may be purchased at a higher cost to you (most expensive).