🧮 Deductible vs. Copay vs. Coinsurance

Understanding Your Deductible Costs

• Your **deductible** is the specific dollar amount you must pay for covered healthcare services before your insurance company begins to pay.
• If your plan has a $2,000 deductible, you are responsible for the first $2,000 of your medical bills.
• Preventive care, such as annual physicals or screenings, is often covered before you hit this threshold.
• Once you meet this amount, your plan typically starts sharing costs with you.