What Does A Deductible On Health Insurance Mean? 
A deductible is the amount you have to pay before insurance pays for your medical costs . Say you have a $ 1000 deductible and you go to the doctor and they bill you $ 500 . You are responsible for paying all of that $ 500 . Say the next time you go , they bill you $ 1000 . Well you would pay $ 500 and then the other $ 500 will be covered by your insurance , unless you also have to pay coinsurance and copay , then you will need to pay more out of pocket costs . 