Plain-language definitions of the terms you will see while shopping for ACA coverage. Plain-language definitions of the terms you will see while shopping for coverage. A licensed, certified expert can explain your options in plain language — at no extra cost.Health Insurance Glossary
Health Insurance Glossary
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Allowed Amount
Balance Billing
Benchmark Plan
Coinsurance
Copayment
Cost-Sharing Reduction
Deductible
Essential Health Benefits
Federal Poverty Level
Formulary
Grace Period
HMO
Marketplace
Metal Tiers
Network
Open Enrollment Period
Out-of-Pocket Maximum
PPO
Premium
Premium Tax Credit
Preventive Care
Prior Authorization
Qualified Health Plan
Special Enrollment Period