An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)

Cost-sharing

The portion of healthcare costs that individuals pay out-of-pocket, such as deductibles, copayments, and coinsurance, even with health insurance.

Deductible

The amount of money an individual must pay for covered healthcare services before their health insurance plan starts to pay.

Out-of-pocket maximum

The most an individual will have to pay for covered healthcare services in a plan year. Once this limit is reached, the health insurance plan typically pays 100% of the remaining covered costs.

Group health plan

A health insurance plan offered by an employer or employee organization to its employees and their families.

Health insurance issuer

A health insurance company or entity that provides health insurance policies or contracts.

High Deductible Health Plan (HDHP)

A health insurance plan with a high deductible that often comes with lower monthly premiums. These plans can be paired with a Health Savings Account (HSA).

Specified inhaler product

Any prescription inhalation drug (like aerosols, dry powder inhalers) and related equipment (like nebulizers, spacers) used to treat lung diseases such as asthma and chronic obstructive pulmonary disease (COPD).