How Do Health Insurance Annual Limits Work?

How Do Health Insurance Annual Limits Work?

Health insurance can be confusing, especially when it comes to annual limits. This video breaks down how these limits function and what they mean for your coverage and out-of-pocket costs. In this video, you'll learn: ► What health insurance annual limits are and why they exist. ► How annual limits impact your healthcare spending throughout the year. ► The difference between annual limits and other cost-sharing terms like deductibles and out-of-pocket maximums. ► Strategies for understanding your policy's limits to avoid unexpected medical bills. #HealthInsurance, #AnnualLimits, #HealthcareTips, #FinancialWellness, #MillennialHealth