The first number is the percentage that the insurance company pays, the second number is the percentage that you will pay. For example, if you went over your deductible by $10 and you had an 80/20 coinsurance plan, then you would pay $2 of the $10 in medical expense, the insurance company would pay $8.

How do I read my insurance policy?

How to Read an Insurance Policy

1. 1) Ascertain who qualifies as an insured.
2. 2) Confirm all forms and endorsements are included.
3. 3) Annotate the policy form.
4. 4) Read the insuring agreement first.
5. 5) Read the exclusions.
6. 6) Read the exceptions to the exclusions.

What is the group number on an insurance card?

Group number: Identifies your employer plan. Each employer choses a package for their employees based on price, or types of coverage. This is identified through the group number. If you purchased your insurance through the health exchange you might not have a group number.

How do insurance cards work?

What do I use an insurance card for? Your insurance card proves that you have health insurance. It contains information that your doctor or hospital will use to get paid by your insurance company. Doctors usually make a copy of your insurance card the first time they see you as a patient.

Do all insurance cards have a group number?

If you have health insurance through work, your insurance card probably has a group plan number. The insurance company uses this number to identify your employer’s health insurance policy. As an employee, you are covered by that policy. Not all insurance cards have a group plan number.

What do I need to know about my health insurance card?

If you are the dependent on someone else’s policy, their name will probably be on your card. Your insurance I.D. number (or policy number) on the insurance card indicates the coverage your plan provides.

What to do if you cant read your insurance card?

If your health insurance card has a symbol or information you do not understand, call the customer service number on the card. Your insurance company can answer any questions you have. Patients may also talk to their St. Jude social worker for help with getting insurance or for directions on how to access insurance.

What is the policy ID number on a health insurance card?

When you get a health insurance policy, that policy has a number. On your card, it is often marked “Policy ID” or “Policy #.” The insurance company uses this number to keep track of your medical bills.

Where can I call for help with my health insurance card?

CDPHP ® is dedicated to helping you understand your health insurance, but you should always call your own insurer at the customer service number on your card if you have questions about your specific health plan or coverage.