Birthday rule – This rule that was adopted by health insurance companies is used to determine the primary payer between two parents that has common dependents. In this rule, the parent with the earlier day and month of birth will be the primary carrier of the insurance.
Deductible – This refers to the fixed sum that you need to pay before the official start of the insurance policy.
Subscriber – This term deals with the insurance policy holder. This may also be called as enrollee or contractee.
Co-pay – This refers to the payment for the rendered services.
Co-Insurance – A part of the medical services fees that you need to give after paying for the co-pay and the deductible.

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