What is a deductible?

Many insurance plans have what is referred to as a yearly deductible. This deductible is the amount the insurance holder must pay for health care services out of pocket before their insurance plan starts to pay.

For example, with a $2000 deductible, you would first need to pay $2000 of covered services yourself. After this dollar amount has been met, your insurance coverage will usually activate.

It remains the patient's responsibility to be informed of their yearly deductible and benefits. If you have questions regarding these topics, make sure to call your insurance company using the member services line located on the back of your insurance card.