The monthly payment to be covered by a health plan, also known as the premium, is the amount of money that individuals or families have to pay to the health insurance provider in exchange for coverage. This payment is usually paid on a monthly basis and ensures that the health plan will cover a portion of the cost of medical services and treatments. The amount of the monthly payment can vary depending on factors such as the level of coverage, the number of individuals covered by the plan, and the age and health status of the insured individuals.
