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What does “No Deductible” mean on Health Insurance?

April 26, 2017Business Finance health insurance mean no deductible

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What does “No Deductible” mean on Health Insurance?

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It means that there will not be any “excess” portion that you’re required to pay when you are billed for medical services under your plan. Keep in mind that this is a different thing from a co-pay or CO-INSURANCE. Co-insurance rules state that you must share in some part of the bill after a deductible, if you have one, is met. Even without a deductible, co-insurance may apply. Check your policy.