Just like car insurance, health insurance also has deductibles. When you purchase health insurance part of your preferences that you choose will be the amount of deductible you will have on your plan.
Deductibles defined:
The amount you owe for health care services your health
insurance or plan covers before your health insurance or plan begins to pay.
For example, if your deductible is $1,000, your plan won’t pay anything until
you’ve met your $1,000 deductible for covered health care services subject to
the deductible. The deductible may not apply to all services.
Source: "Glossary."
HealthCare.gov. N.p., n.d. Web. 19 Mar. 2014.
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