What is an enrollee cost sharing?

Enrollee cost sharing is an important part of health insurance law in Alabama. It is an agreement between the enrollee (person enrolling in health insurance) and the insurer (health insurance company) that requires the enrollee to pay part of the costs associated with their health care. This cost-sharing includes deductibles, coinsurance, and copayments. A deductible is the amount an enrollee must pay out of pocket for their health care services before the insurance company will start paying. Coinsurance is a percentage of health care costs that the enrollee must pay out of pocket. Copayments are a fixed amount that the enrollee pays each time they use a specific health care service. The amount of enrollee cost-sharing varies depending on the plan that is chosen. Health insurance plans with higher premiums tend to have lower deductibles, coinsurance rates, and copayments. Plans with lower premiums tend to have higher deductibles, coinsurance rates, and copayments. Enrollee cost sharing is an important part of health insurance law in Alabama. It is important for enrollees to understand how much cost-sharing they will be responsible for and how their plan will cover their health care services.

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