Texas Family Benefits specializes in individual, Medicare, and group health insurance in Houston as well as throughout the state of Texas.

Deductibles | Copay’s | Co-insurance | & Maximums

By on August 8 2013 | Health Insurance Glossary | Leave a comment

A Question that is often asked is, with regard to health insurance policies is  how do deductibles, copay’s,co-insurance & out of pocket maximums work? Here’s a short 3 minute YouTube video from Humana on this subject: Deductibles and Coinsurances If you have additional questions call the health insurance agent you work with or give us […]

Embedded Versus Aggregate Insurance Deductibles

By on October 7 2011 | Health Insurance Glossary | Leave a comment

The term embedded deductible means separate individual deductible. In most PPO health plans you have, say a $1,000.00 deductible plan and it has a $3000.00 family deductible. If a policy insures, say three people ( a father, mother and daughter) and two of them have medical procedures in the same year, then each must first […]

Health Insurance Aggregate Deductible

By on October 3 2011 | Health Insurance Glossary | Leave a comment

An important distinction needs to be made concerning how deductibles are computed for Qualified High-Deductible Health Plans.  The family deductible is an aggregate or combined deductible.  Each person’s covered medical expenses go toward meeting the family deductible.  Each insured person’s covered medical expenses go toward meeting this amount.  Once the family deductible is met, most […]

Health Insurance Terms | Deductible

By on July 1 2010 | Health Insurance Glossary | Leave a comment

On a regular basis I will work to define terms and concepts used in the field of Insurance that could be of help to people trying to provide risk protection. By risk protection for people, I am speaking of Health, Life, Disability and other coverage of insurance. I will start with the basic terms needed […]