What is the deductible?

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Multiple Choice

What is the deductible?

Explanation:
Deductible is the amount you must pay out-of-pocket before your health insurance starts covering covered services. It’s separate from the monthly premium, which you pay just to have the plan, and from the out-of-pocket maximum, which is the yearly cap after which the insurer pays 100%. A co-pay is a fixed fee you pay for a service at the time of care. So the deductible is the portion you personally cover first before insurance begins paying.

Deductible is the amount you must pay out-of-pocket before your health insurance starts covering covered services. It’s separate from the monthly premium, which you pay just to have the plan, and from the out-of-pocket maximum, which is the yearly cap after which the insurer pays 100%. A co-pay is a fixed fee you pay for a service at the time of care. So the deductible is the portion you personally cover first before insurance begins paying.

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