What is a premium?

A. A fixed fee you pay for specific medical services.

B. The amount you are personally required to pay before

your health insurance covers your medical costs.

C. The amount you pay the health insurance company

every month for coverage.

D. The most you have to pay for health care in a full year.

Premium is an amount to be paid for an insurance policy. Basically, it is the amount of money that you pay to a health insurance company every month. Therefore, the correct option for this question is C.

Answer: Option C

C. The amount you pay the health insurance company every month for coverage.

Explanation:

A premium is an amount that is needed to be paid [periodically] to an insurer/insurance policy. By the word, periodically, this means that an amount (money) is paid on a regular occurrence, which in this case, is every month.

By this definition, the correct answer to be concluded is answer choice, "C."