A deductible is the amount that the insured person has to pay out of their own pocket before the insurance company starts paying for any covered medical expenses. Once the deductible is met, the insurance company will pay a percentage or all of the remaining medical bill, depending on the specific insurance plan.

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A Deductible Is

Question 4

Multiple Choice

A deductible is

A) the percentage of a medical bill that the patient has to pay.
B) the amount of a medical bill that a patient does not have to pay.
C) the amount a patient has to pay before insurance will pay anything.
D) none of the above.

Correct Answer: