A health insurance deductible applies immediately, except for qualifying preventive services. For example, consider a policy with a $1,000 individual deductible. The policy requires that the insured pay the first $1,000 of medical expenses out-of-pocket directly to the healthcare providers.
After the insured satisfies the deductible the plan begins reimbursing qualified medical expenses. The insured may still be responsible for paying any co-payment, and/or co-insurance.
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After the insured satisfies the deductible the plan begins reimbursing qualified medical expenses. The insured may still be responsible for paying any co-payment, and/or co-insurance.