Fewer Than One In Four Americans Understands Basic Insurance Terms Like "Premium"

Shopping for health insurance is hard. Understanding it is even harder. "Fewer than one in four uninsured Americans felt confident they understood nine basic insurance terms, like "premium," "coinsurance" and "maximum out-of-pocket" charges. For those who currently have coverage, that number hovered around 49 percent, with just fewer than half of those holding policies right now feeling like they had a good handle on these nine terms." Sarah Kliff in The Washington Post