What is a deductible?

roxxtime as I understand it you must have an insurance where you have to pay so much of the costs, then when You have paid that amount, the deductible, your insurance will cover the rest of the bill or bills, so this must mean that you have already covered your deductable part of the bill so now your insurance will pay the rest. hope I made sense so you can understand it, my friend Nelda has that kind of insurance while I just have an hmo.in other words your insurance now starts paying the bill.

IF they explained it to you correctly it should mean you no longer have to pay when you go to the doctor. Next year, or whenever your insurance cycles, you'll pay again until you meet it.

Hi roxxtime, When you go to the doctors and you have insurance coverage there is what is called a deductible. The deductible is your portion to pay and the insurance company pays anything after that. For example, if your deductible were 50.00 per year, you would have to pay that amount before the insurance kicked in. If you look over your policy then you will see the amount of your deductible.

The deductible is the money you have to pay up front before your insurance kicks in. It is differnt for just about everyone and everyone different policy.