Understanding out-of-pocket costs

* We pay up to 1 million dollars per person/per policy (for covered expenses only)

Out-of-pocket costs can vary with short term medical plans, but they all operate pretty much the same. If you look at the diagram above, you’ll see that you’re responsible for 100% of your deductible, as well as the percentage you chose for your coinsurance up to $10,000 of total expenses (what you pay plus what we pay). After that, we’ve got you covered up to $1 million per person, per policy.

Here’s an example: If you chose a plan with a $500 deductible and 20% coinsurance, you’d pay 100% of covered expenses up to $500. Then, you’d pay 20% of any covered expenses after that, and we’d pay 80%. Once our combined covered expenses reach $10,000, we cover any remaining covered expenses up to the million dollar limit, per person per policy.