What is a deductible?

This is a flat dollar amount that needs to be met before your health insurance will begin to pay.  For example, if your health insurance plan has a $1000 deductible, you will be required to pay the first $1000 upfront.  After the deductible has been met, the health insurance company will begin to pay it’s share.

Not every service has a deductible and some services may be included with coverage at no cost to you.

Next Posts
Similar Questions

What is Medicare Part B?

Last Updated: July 26, 2025

Medicare Part B is one of Medicare’s four main parts. Medicare Part B covers the bulk of your medical needs...

What is Medicare?

Last Updated: July 26, 2025

Medicare is a federal insurance program that provides guaranteed health insurance for people age 65 and older and for younger people who qualify...

Do I need Medicare if I still have COBRA?

Last Updated: July 24, 2025

Yes, you need to sign up for both Medicare Parts A and B if you’re 65 or older, even if...

Do I need to sign up for Medicare if I use the VA for my health care?

Last Updated: July 24, 2025

You aren’t required to sign up for Medicare if you have health care coverage through the U.S. Department of Veterans...

Do I need to enroll in Medicare if I am a military retiree with Tricare?

Last Updated: July 24, 2025

Yes. To continue Tricare benefits after you turn 65, you must enroll in Medicare Part A and Part B. The key is to sign...

Share

Explore More

Solverwp- WordPress Theme and Plugin

Scroll to Top