What Do You Pay For Health Insurance? 
That 's a great question ! With your health insurance there are usually 3 parts that you pay - The premium , the deductible , and the co-pay . The premium is the amount that you pay monthly for the insurance . The deductible and co-pay are portions of the cost of the medical service that you share with the insurance company . The cost of your premium will normally increase with a low deductible , and decrease as you accept a greater part of the cost with a higher deductible . The actual cost of what you will pay will depend upon the company , policy , and amount of deductible and co-pay that you choose . When open enrollment comes back around this fall , go to the Affordable Care Act -LRB- Obamacare -RRB- site , and see if you can qualify for a subsidized policy on the site . Millions have found that they can get affordable coverage there . Thank you for asking ! 