This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.
Healthcare charges can be confusing, and misunderstanding coinsurance and copays can lead to expensive surprises. Avoid these five costly traps to protect your wallet.
Health insurance is supposed to protect you from overwhelming medical costs, but if you don’t understand how coinsurance and copays work, you might find yourself paying much more than expected. Many people assume their insurance will cover most expenses, only to be shocked when they receive a large bill. Avoiding costly insurance mistakes requires understanding the differences between copays…