Deductibles In Health Insurance

A deductible is an amount you pay before the Insurance Company starts paying (plans will have different “deductibles” $250, $500, $2,000 etc., so read your plan).

Think of it like 1st base in a game of baseball.  Once you’ve paid all of your deductible, you are standing on 1st base.  Now you’ll begin to move towards 2nd base – Co-Insurance.  During this time, co-insurance is where you and the insurance company split the medical bills, for example 70/30 or 80/20.  Usually the insurance company will pay the larger amount and you pay the lesser amount.

Call For FREE Help (702) 898-0554

Call Us For Assistance

(702) 898-0554

Get a Fast & Free Online Quote

Your next step is 3rd base or your Out of Pocket Maximum.  This is the maximum YOU have to pay in a year, not the insurance company.  Once you’ve met your “out of pocket maximum”, you are now done paying anything else.  The insurance company will pick you up on 3rd base, and carry you to home plate.

Note:  This is an annual accrual, meaning it starts January 1st and ends December 31st each year.

Related Articles:

Health Insurance | Out of Pocket Maximum

Health Insurance: In Network or Out-of-Network?

What Are Essential Health Benefits and Who Has to Have Them?

Health Insurance: What is a Prescription Drug Deductible?

Read More: Health Insurance in Las Vegas, Nevada

Call us for assistance

(702) 898-0554

Serving Las Vegas, Henderson, North Las Vegas and the entire state of Nevada

Three Ways to Enroll

1).  Apply by Phone

(702) 898-0554

2).  Apply in Person

(by appointment ONLY)

Please call to make an appointment

3).  Online Quote

Path Image - Insurance is confusing

Search This Website

Enter a search term here

Generic filters
Exact matches only
Search in title
Search in content

Why Go Anywhere Else?

When you can have an experienced and caring professional guide you.

Insurance Quotes | Plans | Coverage
Nevada Insurance Enrollment small logo - Insurance Agency in Las Vegas, Nevada
Read why it’s smart to use an insurance agent