Translate health insurance speak into something slightly more understandable. Try the Cigna Simplifier!
Drag this button into your “bookmarks” toolbar and try it out on any website that contains health insurance information.
LEARN THE LINGO
Explanation of benefits (EOB) is after you visit your doctor, you'll get an explanation of benefits outlining the services you received, how much they cost, and how much your plan paid
Exclusive Provider Organization (EPO) Plan is a managed care plan where services are covered only if you visit doctors, specialists, or hospitals in the plan's network (except in an emergency).
Health maintenance organization (HMO) is a type of medical plan that limits eligible coverage to a local service area and may not provide out-of-network coverage except for emergencies as defined by the plan.
Health Savings Account (HSA) is a tax-advantaged savings account used to pay for qualified health care costs. The account may be funded by an individual, an employer or both.
Out-of-pocket (OOP) is the total of your payments for covered expenses, which may include deductible, copayments, coinsurance and fees.
Preferred Provider Organization (PPO) is a health plan made up of health care professionals and hospitals contracted to deliver services at a negotiated rate (discount).
UNDERSTANDING HEALTH INSURANCE COSTS
Health insurance plans have lots of numbers. Watch this video to help you better understand what these numbers mean to you.