Glossary — Learn Insurance Terms and Phrases

Here are some terms that get thrown around whenever people are talking about insurance. There are some very basic ones — and some pretty advanced ones. Look around — hopefully it will give you a better sense of what the insurance companies are talking about.

  1. ALL
  2. A
  3. B
  4. C
  5. D
  6. E
  7. F
  8. G
  9. H
  10. I
  11. J
  12. K
  13. L
  14. M
  15. N
  16. O
  17. P
  18. Q
  19. R
  20. S
  21. T
  22. U
  23. V
  24. W
  25. X
  26. Y
  27. Z

Office Visit Fee

What the doctors charge you just for showing up and reading old magazines; sometimes you pay only a co-pay

Open Enrollment / OE

Under the guidelines of the Affordable Care Act (ObamaCare), this is the ONLY time of the year people can buy new individual health insurance or make changes to their existing plan.  Right now, those dates are November 1st through January 31st of every year, but for plans starting January 1st and later.

Out-of-Network

A doctor, lab or hospital who can charge you as much as they like (watch out!)

Out-Of-Pocket Maximum

The most medical expenses you are responsible for in any calendar year

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