Many health insurers require a deductible where the policyholder pays the first part of any loss.The use of a deductible most directly treats the problem of:

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The use of a deductible treats the problem of moral hazard, which refers to the tendency of having insurance to increase the likelihood of risky behavior because the policyholder is not directly responsible for the full cost of the loss. By requiring the policyholder to pay a deductible, they have to bear some of the loss, which creates a disincentive for risky behavior and reduces the likelihood of filing frivolous claims.

Many Health Insurers Require a Deductible Where the Policyholder Pays