What does Plan Coinsurance = 100% of covered expenses mean? Out-of-pocket-limit = ##Question_Title## & deductible = ##Question_Title##?

Question

I not so good when it comes to understand this sort of things. I have an expatriate-benefit medical expense coverage and I need to understand these line. I will appreciate your help.

Answer 1

100% covered expenses means that the insurance will pay 100% of all things that are billed and deemed "covered" by your insurance

Out-of-pocket limit means the amount that you would have to pay yourself ($0)

Your deductible is the amount of money that you have to pay before your insurance starts paying for it; ($0 for you)

So; basically your insurance will pay for everything and you have to pay nothing.