What is a health insurance deductible?

A health insurance deductible is a set amount of money that an individual must pay out of pocket for their healthcare services before their health insurance plan will start covering the costs. In Washington, a deductible is the amount that you have to pay for your health care expenses before your insurance company will start paying for the costs of your medical care. The amount can vary depending on the type of health coverage and plan you have. Generally, the more expensive the plan, the lower the deductible. If a plan has a higher deductible, it means you will have to pay more before your insurance starts to pay out. It is important to read the fine print of your health plan to understand what the deductible is and what the maximum amount you will have to pay out of pocket is.

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What is a health insurance deductible?

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