Help me understand insurance speak

I need a bladder procedure with cpt code 51700. I asked my health insurance if it would be treated as a doctor's visit with a co-pay, since the procedure would be done in office by her or her assistants and the clinic & doctor are in network. The doctor's office told me the procedure costs between $280 and $350 each time. I got the following convoluted response from my health insurance company:

Thank you for your recent inquiry regarding your benefits. The following information pertains to the general in and out-of-network benefits for such services when eligible under your benefit plan. Verification of benefits is not a guarantee of coverage or payment. All services are subject to medical necessity, contract exclusions, and eligibility at the time the service is rendered You have general benefits for both in and out of network services. When utilizing an in-network provider, the service would be considered subject to a $1,000.00 individual deductible per benefit period. Once the deductible is satisfied the services would be considered at 80% of the allowed amount, up to an $2,500.00 individual out-of-pocket per benefit period. After the out-of-pocket is satisfied, services will be considered at 100% of the allowed amount. The benefit period is based on a calendar year from January 1, 2024 to December 31, 2024. When utilizing an out-of-network provider, the service would be subject to a $1,000 individual deductible per benefit period. Once the deductible is satisfied, services would be considered at 60% of the allowed amount, up to the individual up to an $2,500.00 individual out-of-pocket per benefit period. After the out-of-pocket is satisfied, services will be considered at 100% of the allowed amount. The out-of-pocket does include the deductible totals. The benefit period is based on a calendar year January 1, 2024 to December 31, 2024. An out-of-network provider can balance bill you. We can provide you with a benefit quote regarding how the claim will process with the given codes. You may view the estimated cost of a procedure by accessing the provider search on our website and using the Care Cost Estimator. Please log in to the member portal and click on the Find A Doctor tab then click Medical you will be prompted to acknowledge that you are leaving our site to reach the provider search, click continue to proceed. On the Sapphire provider search page click on Browse by category and select Care Cost Estimator from this menu you can select a procedure by type or click on All Procedures (A-Z) in order to search for a specific service. Reminder this is an estimate. If we can be of further assistance, please contact us by utilizing the "contact us" form on our website or contact customer service at the number located on the back of your identification card.

Can someone translate this into regular English please as to what I'll have to pay? Thanks!

submitted by /u/tangodream
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