Q: What is a deductible?

A: The deductible refers to the amount of money that the insured would need to pay before any benefits from the health insurance policy can be used. The deductable is a yearly amount, based on either a calendar or plan year.  A patient may also have more than one deductable on their policy. Example: An in-network deductable, an out of network deductable, a DME deductable, a hospitalization deductable, etc.  Please contact your insurance to find out more information about your deductable.