list out the important terms related with insurance
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Important Insurance Terms
- Premium. This is the actual cost of your insurance plan. ...
- Deductible. The Deductible is the amount that you must pay out of your own pocket before the insurance company will begin paying towards any covered expenses. ...
- Co-Pay. ...
- Coinsurance. ...
- Provider Network. ...
- Usual, Reasonable and Customary. ...
- Pre-existing Conditions. ...
- Beneficiary.
Explanation:
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