Understanding Insurance Terminology

Understanding Insurance Terminology

When it comes to understanding health and dental insurance, “overwhelming” is perhaps the first thought that comes to mind – just ask your company’s benefit administrator (and they’re paid to understand this stuff!). Thankfully, most of what you’ll need to know can be found online in one form or another. So, we took to the web to find a few of the most comprehensive (and not overwhelming) sources for you to keep handy the next time you see something on a claim statement you don’t quite understand.

Glossaries: Words! Words! Words! We found Humana’s glossary to be the most comprehensive, followed by Delta Dental and the ADA. Delta also offers a printable pdf that’s easy to keep in your files for easy access.

Plan Descriptors: Beyond simple definitions, understanding what type of plan you have, its limitations, and how reimbursements are handled requires a bit more explanation. For that, we found these sources from Millbrae Dental, Delta Dental, and Fair Health Consumer to be informative.

Shopping for a plan? WebMD also offers a very good guide that covers what to look for in a plan before you decide on purchasing one altogether.

Lastly, keep in mind that your company benefit administrator is likely to have the most current and specific information related to your individual plan, so don’t be afraid to ask for their assistance. They’re there to help, and might be able to save you a lot of headaches and research time!