Many health plans require you to meet a deductible before starting to help with medical bills.
Updated June 14, 2018
A deductible is a specific dollar amount your health insurance plan may require you to pay out of pocket toward covered medical care each year, before your health plan begins to pay for covered medical expenses.
Your annual deductible can vary significantly from one health insurance plan to another. Plans with higher metal levels (such as “gold” or “platinum” plans) tend to have lower annual deductible but higher monthly premiums. Plans assigned lower metal levels (like “bronze” plans) tend to have lower monthly premiums but higher annual deductibles.
The 2017 average deductibles for individual and family plans are as shown*:
|Average individual deductible||Average family deductible|
Watch our video about deductibles
To understand what deductibles are and how they may affect you, watch our informative video.
Review the infographic below for more information on deductibles
*According to eHealth’s 2017 Price Index Report