Health Insurance in Indiana

If you find health insurance to be confusing and intimidating, you are not alone. Most people feel stressed out and overwhelmed by health insurance in general. Here at CXE Insurance, serving New Albany, IN, and the surrounding areas, we want to help citizens in Indiana make intelligent, confident health insurance choices. Keep reading to learn more about health insurance.

Why Is Health Insurance Confusing?

Health insurance is often confusing for most people because many different types of coverage and plans are available. Other plans cost different amounts of money and often provide various services. If you are unsure what kind of health insurance plan you need, you might quickly feel confused or overwhelmed. Our insurance specialists are here to help you navigate these important topics so that you can make confident choices.

What Is the Difference Between Deductible and Premium?

One of the biggest questions about health insurance is how much it will cost. This can also get confusing when you discover different types of charges associated with health insurance. The two main charges related to health insurance are deductibles and premiums. Let's look at these two essential types of charges so that you can better understand what you'll be paying.

Deductible- The deductible is the base amount you would be required to pay out of pocket for your health services before the insurance policy kicks in and starts paying. Deductibles can vary quite a bit. It is a good idea to talk in-depth with an insurance expert to see what an outstanding deductible amount would be for you and your family.

Premium- The premium will be the amount you pay monthly to be a part of the insurance plan. This amount may be deducted from your paychecks if you sign up for an employer insurance plan.

If you would like to learn more about health insurance in Indiana, don't hesitate to contact us at CXE Insurance serving New Albany, IN, and the surrounding areas.