Insurance

Deductible

The amount you pay out of pocket before your insurance begins to pay.

What does deductible mean?

A higher deductible usually means a lower premium, and vice versa. With health plans, the deductible is the threshold after which the insurer shares costs; high-deductible plans pair with HSAs.

Put it to use

Health Savings Account (HSA) vs. Traditional Health Plan Compare an High Deductible Health Plan (HDHP) with a Health Savings Account (HSA) to a traditional health plan.

Related terms

Premium HSA (Health Savings Account)

All glossary terms