What is a deductible?

A deductible is the specific dollar amount an individual must pay before a health insurance plan begins to reimburse a patient for medical expenses. The higher the deductible, the lower the up-front premium cost for a health insurance plan. The ClaimLinx Simple Option Solution teaches employers and employees how to utilize a health insurance plan for the best possible cost savings.

Related Post: Higher Deductibles Shift Health Costs to Employees

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