For most of us health insurance is a bit of an alphabetical maze. Generally, we have health insurance coverage offered by our, or our spouse’s, employer. The employer is charged a monthly premium by the insurance company for the coverage, and you usually repay a certain percentage of this premium to your employer. This amount is automatically deducted from your paycheck. Over the past 10 years or more, these amounts have been steadily increasing
There are many varieties of health insurance premiums on the market today, but they generally fall into one of two categories.