Saturday, August 20, 2011

What does "deductible" in health insurance services mean?

Please explain clearly.Thanks for helping!
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Some health insurance plans or prescription drug plans have an amount set that the patient is responsible to pay before the insurance will start picing up costs. So if you have a $1000 deductible, you are responsible for paying out $1000 from your pocket before the insurance will start paying for your health services.
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