Franchising is simply the amount of money that you are responsible to pay before the company begins to pay.
You probably have a deductible on your car insurance law? Well, that’s basically the same. What you say is that you pay a certain amount. Once this amount, the insurance cover the rest. So if your deductible is $ 100, you pay the first 100 and the insurance company pays the rest
The higher your deductible, the lower the insurance premiums. Health insurance deductibles work is not substantially the same as your car insurance deductible collision.
This particular franchise has absolutely nothing to do with the deductible health plans. Do not make a big deal about the amount of the payment on your personalized plan. If you do not see a doctor if you plan to go do not feel any discomfort, it does not matter if your share of 10 or 100 dollars.
In general, the higher the percentage deductible or a lower monthly insurance premium. The term premium refers to the amount you pay for insurance per month. Because you a greater exposure to more co-payment or deductible, take it as insurance premiums are usually lower.