A deductible is an annual amount a person pays on an event covered by insurance before benefits kick-in. Home, auto and health insurance products all commonly have deductibles. In general, a higher deductible reduces pre... More » Business & Finance Insurance

An insurance deductible is the amount a covered person pays on covered events before insurance benefit payments kick in, according to If a person has a $250 deductible on hospital services, that person pa... More » Business & Finance Insurance

A health insurance deductible is the amount a patient pays for healthcare before the insurance plan begins to pay. The deductible may not apply to all services, and each healthcare plan is different. More » Business & Finance Insurance Health Insurance
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