What is a health insurance deductible?

Written by: Billy Strawter Jr

A deductible is an amount of medical expenses you are responsible for paying before your Michigan insurance starts covering you. A common deductible is $500 this means you would be responsible for paying the first $500 in medical bills before receiving coverage. Having a higher deductible usually means you enjoy lower monthly premiums.

About the author

Billy Strawter Jr wrote 132 articles on this blog.

My name is BJ Strawter. My grown up name is Billy. Which means everyone calls me Bill. I am an entrepreneur. My first business was a dance club. Next to a police station. First lesson on the importance of location in business.

Originally posted 2009-07-31 18:33:39. Republished by Blog Post Promoter

Tags: ,

 

Search

Tags

Aetna American Community Bankruptcy Apply Online Assurant Health BCBSM Blue Cross Blue Shield of Michigan Buying Insurance co-payment co-pays COBRA coinsurance copayment copays deductible deductibles families FAQ FMLA Golden Rule Government Insurance Resources group health insurance Guaranteed Issue Healthcare health insurance health insurance reform Health Savings Accounts High Deductible Health Plan HMO HSA individual Insurance insurance premiums Lap Band Surgery linkedin Low Income Michigan Michigan Health Insurance MIChild Office Visit Copay Online Quote PPO Prescription Drug Coverage Quotes UniCare United Healthcare
 
 
h divider
 

Michigan Health Insurance | Michigan Family Health Insurance | Michigan Health Insurance Quotes | Group Health Insurance | Low Cost Health Insurance Michigan | MI Healthcare Plans | Health Insurance in Michigan | Medical Insurance in Michigan | Health Savings Account Michigan | Affordable Michigan Health Insurance | Low Cost Health Insurance Michigan | Michigan Small Business Health Insurance