A deductible is the dollar amount you pay before the insurance company begins to make payments. If your policy covers you and other family members, check to see if the deductible is a flat amount for the whole family or does each family member have to meet his/her own deductible. Usually, a higher deductible means lower premiums. But be careful that you don`t buy a policy whose deductible is so high that you can`t pay the bill if you get sick and need medical care.
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified health insurance lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local health insurance attorney to discuss your specific legal situation.