Health Insurance Made Easy: Deductibles, Copays & Coinsurance Explained

Your health insurance shouldn’t feel like a mystery. During open enrollment, it’s essential to understand three key pieces:
✔️ Your co-pay
✔️ Your coinsurance (after your deductible)
✔️ Your out-of-pocket max

These numbers determine what you pay throughout the year — especially if you’re planning major care like a surgery or growing your family.

Have questions about your benefits or what makes sense for your situation? Reach out to us to schedule a complimentary Q&A with one of our team members.

Disclosure: The information provided is for educational and informational purposes only and should not be construed as personalized financial advice, an offer to buy or sell securities, or a recommendation of any strategy. Investment and tax laws can change, and the concepts discussed may not apply to every individual situation. Liberty One Wealth Advisors and its affiliates do not guarantee the accuracy or completeness of any statements, qualitative or numerical, contained herein. Nothing in this communication is intended to constitute legal or tax advice. Readers should consult with a qualified attorney or tax professional regarding their specific circumstances before making any decisions. All investments involve risk, including the potential loss of principal, and no strategy ensures success or eliminates risk.

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