Download How To Pay Deductible For Health Insurance Pictures. The health insurance deductible is the amount of money you agree to pay before your health insurance policy begins to pay. Deductibles, coinsurance and copays are all examples of what you pay.
A health insurance deductible is the amount you agree to pay toward medical treatment before your insurance kicks in. There are several pieces of the cost puzzle you should take into account, including your premiums, deductible, coinsurance and copay. You and your health insurance company pay for your health care expenses.
Unlike auto, renters, or homeowners insurance, where you don't get services until you pay your deductible, many health insurance plans provide some benefits before you meet the deductible.
A deductible is the amount you pay for most eligible medical services or medications before your health plan begins to share in the cost of covered services. After you watch my video, you'll know how to read your health insurance summary of benefits and won't be caught by surprise and will understand how your health insurance deductible works. Here's how to understand your plan, and make sure you're not paying too much. There are several pieces of the cost puzzle you should take into account, including your premiums, deductible, coinsurance and copay.