What is a deductable?
The deductible is the amount of out-of-pocket expenses that a member must pay before the health insurance carrier will pay benefits. For individual coverage you must pay the first $100 of charges each calendar year. There is a $200 aggregate family deductible for family coverage. This means that all family members will be added together to satisfy the $200 total family deductible per calendar year, however no one person can pay more than the individual deductible of $100 in a calendar year.
