What Do You Mean By Deductible In Health Insurance? 
A deductible is an amount of money that you must pay out of pocket before the benefits of the health plan kick in . Example : if a plan has a $ 2000 deductible , you pay the 1st $ 2000 , then the plan starts . Having said that , there are many benefits in which the deductible does not apply . The plan will state something like `` deductible waived '' for those benefits . Obviously , the lower the deductible , the higher the premium . 