Texas Family Benefits specializes in individual, Medicare, and group health insurance in Houston as well as throughout the state of Texas.

Health Insurance Terms | Deductible

By admin on July 1, 2010 | Listed under Health Insurance Glossary | Leave a comment |

On a regular basis I will work to define terms and concepts used in the field of Insurance that could be of help to people trying to provide risk protection. By risk protection for people, I am speaking of Health, Life, Disability and other coverage of insurance.

I will start with the basic terms needed to look at Health Insurance.

Deductible – the dollar amount an insured individual must pay for covered expenses during a calendar year before the plan begins paying claims (if a 100% plan) or co-insurance benefits.

The Deductible is generally the first item that people ask about in Health Insurance. What is the Plan Deductible?

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