The deductible in health insurance is the amount you owe for health care services before your health insurance plan begins to pay. For example, if your deductible is $500, your plan won’t pay anything until you have met your $500 deductible for covered health care services. The deductible may not apply to all services.
Typically, the lower the deductible, the higher the premiums. Get expert advice on your options and choose the right plan for you.