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Youre deciding which insurance plan to purchase, and want to know, how much is it going to cost. Well, its not so simple. Sometimes, you pay money toward your health care. Sometimes, the insurance company pays money. But when? To figure it all out, there are three main ideas you need to know. Premiums, deductibles, and out-of-pocket maximum. It may sound complicated, but stay with us. Its not as hard to understand as you think. First, premiums. Think of your insurance as a monthly membership. Every month, you pay the same amount in order to be a member. That amount is your premium. With your premium, say, $200 a month, you get some preventive care for free. This includes care like vaccines and screening for diabetes, cholesterol, and breast cancer. This care is covered by your premium. But what if you need more than just preventive care? If you need a health service beyond preventive care-- illnesses, a broken leg, emergency room visits-- you usually need to pay extra. How much? Wel