What Does It Mean To Have A Deductible On Health Insurance? 
A deductible simply means that you have to pay for some of the losses before your insurance company will pay anything . Unfortunately in health insurance deductibles are more complex than in auto or homeowners insurance . The deductible is the amount of money you 'll have to pay out of pocket during a calendar year before the policy will start paying . If you have a $ 1,000 deductible your insurance company wo n't cover the first $ 1,000 of health expenditures you have in a calendar year . Once you meet your deductible for the year , they will pay a large percentage of the losses over the deductible . 