Deductible
noun
The amount of money you have to pay before your insurance starts to cover costs.
My health insurance has a $500 deductible, which means I have to pay the first $500 before the company begins to cover expenses.
Often appears as...
- pay the deductible
- high deductible
adjective
Able to be taken away from a total.
Your donations to the charity are deductible, you can remove them from your taxable income.
Often appears as...
- tax deductible
- deductible expenses
noun
The amount of money you have to pay before your insurance starts to cover costs.
My health insurance has a $500 deductible, which means I have to pay the first $500 before the company begins to cover expenses.
Often appears as...
- pay the deductible
- high deductible
adjective
Able to be taken away from a total.
Your donations to the charity are deductible, you can remove them from your taxable income.
Often appears as...
- tax deductible
- deductible expenses
Definition 1 of 2
Pro Tip 1/3Insurance Cost
The deductible is what you pay out-of-pocket on an insurance claim before the insurer pays the rest.
After the storm, we paid our $1,000 deductible, and then insurance covered the home repairs.
Pro Tip 2/3Lower Premiums
Choosing a higher deductible often means you'll pay lower monthly premiums for insurance.
To save on monthly payments, we opted for a plan with a higher deductible of $1,000.
Pro Tip 3/3Not Always Applied
Not all insurance services need the deductible paid first; some might be covered with co-pays or fully.
My annual physical didn't require paying the deductible, as it's fully covered by my insurance.
Pro Tip 1/3Insurance Cost
The deductible is what you pay out-of-pocket on an insurance claim before the insurer pays the rest.
After the storm, we paid our $1,000 deductible, and then insurance covered the home repairs.
Pro Tip 2/3Lower Premiums
Choosing a higher deductible often means you'll pay lower monthly premiums for insurance.
To save on monthly payments, we opted for a plan with a higher deductible of $1,000.
Pro Tip 3/3Not Always Applied
Not all insurance services need the deductible paid first; some might be covered with co-pays or fully.
My annual physical didn't require paying the deductible, as it's fully covered by my insurance.
Pro Tip 1/3Insurance Cost
The deductible is what you pay out-of-pocket on an insurance claim before the insurer pays the rest.
After the storm, we paid our $1,000 deductible, and then insurance covered the home repairs.
Pro Tip 2/3Lower Premiums
Choosing a higher deductible often means you'll pay lower monthly premiums for insurance.
To save on monthly payments, we opted for a plan with a higher deductible of $1,000.
Pro Tip 3/3Not Always Applied
Not all insurance services need the deductible paid first; some might be covered with co-pays or fully.
My annual physical didn't require paying the deductible, as it's fully covered by my insurance.
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Video examples
Excuse me, may I rent...
to whom and the result was that we were able to provide owners protection from for their own driving records in their own history the cars are completely insured during the rental and it gives owner drivers what they need and what do they need they need a low low deductible
Video examples
Robin Chase: Excuse me,...
and the result was that we were able to provide owners protection for their own driving records and their own history. The cars are completely insured during the rental, and it gives drivers what they need, and what do they need? They need a low deductible,
Video examples
Excuse me, may I rent...
to whom and the result was that we were able to provide owners protection from for their own driving records in their own history the cars are completely insured during the rental and it gives owner drivers what they need and what do they need they need a low low deductible
Video examples
Robin Chase: Excuse me,...
and the result was that we were able to provide owners protection for their own driving records and their own history. The cars are completely insured during the rental, and it gives drivers what they need, and what do they need? They need a low deductible,
Example 1 of 2
Quote examples
Gloria Steinem
American Activist
The deepest change begins with men raising children as much as women do and women being equal actors in the world outside the home. There are many ways of supporting that, from something as simple as paid sick leave and flexible work hours to attributing an economic value to all caregiving and making that amount tax deductible.
Quote examples
Kathleen Sebelius
American Politician
The way the law is written, people who are under 250 percent of poverty, who have a marketplace plan, also are eligible to have some of their deductible and co-pay expenses paid through cost-sharing. Insurance companies basically front the money and are reimbursed by the federal government, by HHS.
Quote examples
Evan Bayh
American Politician
I've always cared about education, and I worked with Senator Schumer on making several thousand dollars of college tuition tax deductible. That will help a lot of your middle class families make college more affordable.
Quote examples
Michael Steele
American Politician
We need to increase access to health insurance through Health Savings Accounts and high deductible policies, so individuals and families can purchase the insurance that's best for them and meets their specific needs.
Quote examples
Sandra Fluke
American Activist
Thanks to the Patient Protection and Affordable Care Act, preventive care services, including contraception, will be covered by private insurance plans without co-pays or deductibles.
Quote examples
Finn Wolfhard
Canadian Actor
Life gets weird enough without having to worry about whether you are covered for this or have to have a deductible for that, so the less stress when you are in need, the better.
Quote examples
Michael Moore
American Activist
My employees, there's no deductible in your health care. No deductible, absolutely not. You get paid sick days, as many as you need, personal days.
Quote examples
Ralph Nader
American Lawyer
I don't think meals have any business being deductible. I'm for separation of calories and corporations.
Quote examples
Suze Orman
American Author
Raise your auto and home deductibles to $1,000 or more, and your premium cost falls at least 10 percent.
Quote examples
Earl Wilson
American Journalist
To sell something, tell a woman it's a bargain; tell a man it's deductible.
Quote examples
Gloria Steinem
American Activist
The deepest change begins with men raising children as much as women do and women being equal actors in the world outside the home. There are many ways of supporting that, from something as simple as paid sick leave and flexible work hours to attributing an economic value to all caregiving and making that amount tax deductible.
Quote examples
Kathleen Sebelius
American Politician
The way the law is written, people who are under 250 percent of poverty, who have a marketplace plan, also are eligible to have some of their deductible and co-pay expenses paid through cost-sharing. Insurance companies basically front the money and are reimbursed by the federal government, by HHS.
Quote examples
Evan Bayh
American Politician
I've always cared about education, and I worked with Senator Schumer on making several thousand dollars of college tuition tax deductible. That will help a lot of your middle class families make college more affordable.
Quote examples
Michael Steele
American Politician
We need to increase access to health insurance through Health Savings Accounts and high deductible policies, so individuals and families can purchase the insurance that's best for them and meets their specific needs.
Quote examples
Sandra Fluke
American Activist
Thanks to the Patient Protection and Affordable Care Act, preventive care services, including contraception, will be covered by private insurance plans without co-pays or deductibles.
Quote examples
Finn Wolfhard
Canadian Actor
Life gets weird enough without having to worry about whether you are covered for this or have to have a deductible for that, so the less stress when you are in need, the better.
Quote examples
Michael Moore
American Activist
My employees, there's no deductible in your health care. No deductible, absolutely not. You get paid sick days, as many as you need, personal days.
Quote examples
Ralph Nader
American Lawyer
I don't think meals have any business being deductible. I'm for separation of calories and corporations.
Quote examples
Suze Orman
American Author
Raise your auto and home deductibles to $1,000 or more, and your premium cost falls at least 10 percent.
Quote examples
Earl Wilson
American Journalist
To sell something, tell a woman it's a bargain; tell a man it's deductible.
Example 1 of 10
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