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Health insurance plans have three main components: the premium, the deductible and the co-insurance. The premium is the money that you pay each month to be covered by the health plan. This is the only part of the plan that is paid whether you use your insurance or not. The deductible is the amount of money you have to pay out of pocket each year, before your insurance company will begin picking up part of the bill. The co-insurance is the portion of the bill that you are required to cover after the deductible has been reached. These companies together make up your actual cost of health insurance.

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Q: Health Insurance Plans: Cost Basics
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One can find some low cost health care insurance plans from a number of companies. Affordable plans can be found with 'Bupa', 'United Health One' and 'Humana'.


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