Understanding “healthcare costs” is important for you, an ESL learner, as it significantly impacts your well-being and financial stability. Navigating the healthcare system in a new country can be complex, and understanding concepts like insurance premiums, deductibles, co-pays, and out-of-pocket expenses is essential for making informed decisions about healthcare coverage and accessing necessary medical care. Today’s vocabulary will help you when making such important decisions. Let’s jump right in!

5 TERMS

1. Premium (Noun): The amount paid periodically to an insurance company for health coverage.

2. Deductible (Noun): The amount a person must pay out of pocket for healthcare services before their insurance begins to pay.

3. Copayment (Noun): A fixed amount that a patient pays for a healthcare service, typically at the time of service, while the insurance covers the rest.

4. Out-of-pocket (Adjective): Expenses that individuals must pay directly, rather than being covered by insurance.

5. Reimbursement (Noun): The process by which a patient is paid back for medical expenses or the amount an insurance company pays to a healthcare provider.

ENGLISH RESOURCES

• A special English resource for you: Think In English Package

• Check out today’s practice lessons in the English With Tiffani App

• Watch this English video: Learn 100 Vocabulary Words in 10 minutes