A deductible is the amount you must pay out-of-pocket for eligible expenses before your coverage begins to contribute.
Deductibles help determine how costs are shared between you and your provider. Once you've paid your deductible, your plan will start covering a portion or all of your eligible expenses, depending on your coverage. The amount and structure of your deductible may vary, so reviewing your plan details can help you understand how it applies to your costs.
For example, if your plan has a $50.00 deductible and you submit a $100.00 claim for an eligible expense, you will pay the first $50.00, and your coverage will apply to the remaining $50.00 based on your plan’s details.