Medical & Health

Premium

ˈpriːmiəm

noun

What does Premium mean?

The monthly amount you pay for insurance.

Example sentence

"My premium went up $40 this year."

American usage tip

Deducted from paychecks if employer-sponsored.

Related Medical & Health words

Specialist
A doctor focused on one area of medicine.
ER
Emergency Room — for serious emergencies.
Copay
A fixed fee you pay at each doctor visit.
Symptoms
Signs of illness you experience.
Side effects
Unwanted reactions to medicine.
Allergy
A bad reaction to a substance.
Vision plan
Insurance for eye exams and glasses.
In-network
Doctors covered by your insurance plan.

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