What is Healthcare Deductible?
Category: Healthcare
1Definition
The amount you pay for healthcare before your insurance starts covering costs.
2Context
Higher deductibles mean lower premiums. Common in high-deductible health plans.
3Example
With a $2,000 deductible, you pay the first $2,000 of medical costs each year.
⚠Common Trap
Meeting your deductible doesn't mean everything is free—coinsurance still applies.
Related Terms
More Healthcare Terms
Look up any term instantly
Get clear definitions without the jargon
Try WhatIsIt.ai