What is a Premium?
Premium
[pree-mee-uh m]
noun
1.
A Premium is the payment made to the insurance company, either monthly or in a lump sum, to purchase insurance. The Premium does not include other costs like copays or deductibles.
noun
1.
A Premium is the payment made to the insurance company, either monthly or in a lump sum, to purchase insurance. The Premium does not include other costs like copays or deductibles.
Important as it is, Medicare does not cover the full range of health-care expenses you may experience in your golden years.
Do you know what a Carrier is?
Do you need to enroll in Medicare Part D? Read this article to learn more about whether you need this coverage