What Is Meant By Deductible In Health Insurance?
- 14231 POINTSview profileTom SheehanAgency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482A Health Insurance deductible is the amount you would be responsible to pay before your policy would begin paying for covered services. In addition to the deductible, it is quite possible that you also have a "co insurance" amount as well. This is a percentage of the amount you would be responsible for paying AFTER meeting the deductible. Check with your Insurance Professional about the terms and conditions of your particular policy.Answered on January 13, 2014flag this answer
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