• owenfromcanada@lemmy.world
    link
    fedilink
    English
    arrow-up
    2
    ·
    1 year ago

    But it’s worth noting that (at least here in the US), once you’ve paid the $1200, you often still have to pay 10 to 20% of costs (called a co-pay). A single serious incident (emergency hospitalization, for example) could easily still cost hundreds or even thousands.

    • heili@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 year ago

      There is also an out of pocket maximum with regards to that “co pay” or “co insurance”. My annual out of pocket maximum for co-pay and co-insurance is $2500.