What is Deductible (Health Insurance)? | LIFE-HEALTH Exam Prep

A deductible is the amount a policyholder must pay out-of-pocket before the insurance company begins to pay for covered expenses. 📚 Learn more about Deductible (Health Insurance) and other key terms for your LIFE-HEALTH exam at Open Exam Prep. 🎯 This term appears on: LIFE-HEALTH 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Deductible (Health Insurance) definition: https://www.open-exam-prep.com/glossary/deductible-health 💡 Exam Tip: Higher deductible = lower premium. Deductible is what YOU pay first. --- #insurance #examprep #financeexam #life-health