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Understanding the language of business health insurance is essential for employers and employees alike. Understanding these key business health insurance terms is essential for making informed decisions about coverage, managing costs, and ensuring compliance with regulations. To know more visit here https://www.capbluecross.com/wps/portal/cap/employer/shop-group-plans
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Top Business Health Insurance Terms Understanding the language of business health insurance is vital for employers and employees alike. Here are some of the top terms you should be familiar with when dealing with group health insurance: Network Premium Deductible Coinsurance Out-of-Network Co-payment (Co-pay) Out-of-Pocket Maximum/Limit Preferred Provider Organization (PPO) Health Maintenance Organization (HMO)