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Definitions from the Web

Definition: Referring to an insurance policy or healthcare plan with a high deductible, which is the amount of money individuals must pay out-of-pocket for covered medical expenses before their insurance coverage kicks in.

Example sentences:

1. She opted for a high-deductible health insurance plan to lower her monthly premiums.
2. The high-deductible policy required him to pay $2,500 before the insurance company would cover any healthcare expenses.
3. With a high-deductible plan, individuals are responsible for a substantial amount of their medical costs until they reach the deductible.

Possible Related Products on Amazon:

• High-Deductible Health Insurance
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