What is a Deductible?

by Doug Benson September 10, 2011

A deductible is the portion of coverage not covered by the insurance provider. Deductibles are normally quoted as a fixed amount. The deductible must usually be paid first before the insurance starts paying. Deductibles can be annual or a per-service. An example of an annual deductible is the Medicare Part B deductible – $140 for […]

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