Covered Service refers to health care benefits that are paid for by your health insurance. Deductible or Co-payment is the portion of your medical bill that you must pay. Exemptions, Exclusions and Limitations are benefits that are not paid for by your insurance company. This is not required for the Student Health Insurance plan. Pre-existing Condition is any medical problem that was already diagnosed or that existed prior to purchasing the health insurance.
Many plans exclude pre-existing conditions from coverage.
The Student Health Insurance plan does not exclude pre-existing conditions. Premium is the amount that you must pay to purchase insurance coverage. Usual and Customary Fee is the average fee that a health care provider charges for any given service in your geographic area. There are three main types of health insurance plans available in the U.S. Indemnity plan where you pay a premium for the insurance, and a fixed percentage of covered expenses, plus any deductible and co-payment. You may choose your physician, and refer yourself to specialists.