Does an annual deductible mean the insurance company pays nothing until you've paid the annual deductible?

Answers:3   |   LastUpdateAt:2012-07-05 05:05:03  

Question
Archibal
Asked at 2012-05-28 16:27:19
For example , if a policy has a deductible of $ 5000 per year for individuals , mean that the person pays 100 % of everything until the $ 5000 is covered, and then the insurance company takes care of other medical services in the year or what does the individual pays for certain deductible to $ 5000 each service is covered, then the insurance company takes care of 100% (or close to it) for other services for the year ?
Answer1NorbertaAnswered at 2012-05-28 20:31:44
Perhaps. It depends on how your plan works. First responder is incorrect. You may have an HMO with a deductible of $ 5,000 and you could have a PPO with a deductible of $ 0. Whether it is a HMO , PPO , POS , HSA, etc ... will depend on how your plan.

Overall , however , assuming no co -payments for office visits, then have to pay $ 5,000 of expenses before the plan kicks in. However, if you have a driving accident $ 5,000 after the accident insurance company will pay. Moreover, it is as you would get " no benefit " during the deductible. You will receive all the discounts that insurance companies could pay for the plan itself.

Call a health insurance agent and buy the right plan .
Answer2lollicupyAnswered at 2012-06-21 18:42:59
The first thing. This means you pay 100 % of first $ 5000. This means that if unless you have over $ 5000 to pay , the insurance pays nothing and will pay you everything .

And, even after paying $ 5000 , insurance usually only pays 50-90% of other services for the year , not " near " 100 %.
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