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Insurance Jargon
Premium
Commonly used in healthcare and medical settings
Literal Meaning
Monthly insurance payment
Actual Meaning
Your monthly bill just to HAVE insurance - you pay this even if you don't see a doctor.
Examples in Context

The doctor noted Premium on the chart.

Helpful Tips
  • 1Remember: Premium means Monthly payment for insurance coverage
Phrase Thesaurus
Similar words and synonyms for this phrase
monthly payment
insurance cost
subscription
Related Phrases
Click to explore related phrases in our collection
Copay
Deductible
HMO
PPO