The amount you pay for covered health care services before your insurance plan starts to pay. With a $2,000 deductible, for example, you pay the first $2,000 of covered services yourself. After you pay your deductible, you usually pay only a copayment or coinsurance for covered services.
Learn about coninsurance by reviewing the definition in the HealthCare.gov Glossary.. Let's say your health insurance plan's allowed amount for an office visit is $100 and your. If you've paid your deductible: You pay 20% of $100, or $20.
Deductible. A deductible is the amount you pay for health care services before your health insurance begins to pay. How it works: If your plan's deductible is $1,500, you'll pay 100 percent of eligible health care expenses until the bills total $1,500. After that, you share the cost with your plan by paying coinsurance.
A deductible is the amount you'll spend on medical services before your insurance plan begins to pay for your care. Once you meet your deductible, your insurance company will start to cover your services, at which point you'll still be responsible for whatever copayments come with your plan.