insurance

Premium

保険料 (hoken-ryō)

A premium is the monthly amount you pay to maintain your health insurance coverage, regardless of whether you use medical services that month. Premiums are paid to the insurance company and do not count toward your deductible or out-of-pocket maximum. Employer-sponsored plans often split premiums between employer and employee. Marketplace plans may qualify for Advanced Premium Tax Credits (APTC) that reduce monthly costs for eligible lower-income enrollees.

Premiums must be paid on time to keep coverage active; missing payments can result in a grace period followed by policy termination.

In 9 languages

Language	Term
English	Premium
Japanese (日本語)	保険料
Chinese (中文)	保费
Korean (한국어)	보험료
Portuguese	Prêmio
Spanish	Prima
Filipino	Premium
Thai	เบี้ยประกัน
Vietnamese	Phí bảo hiểm
Romanization	hoken-ryō

Related terms

• Deductible 免責額
• Health Insurance Marketplace 保険マーケットプレイス
• APTC (Advanced Premium Tax Credit) 保険料税額控除（APTC）
• Employer-Sponsored Insurance 雇用主提供保険

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