Medical & Health
Deductible
dɪˈdʌktɪbl
nounWhat does Deductible mean?
The amount you pay yourself before insurance starts covering.
Example sentence
"I have a $2,000 deductible on my plan."
American usage tip
Resets every year — usually January 1.
Medical & Health
dɪˈdʌktɪbl
nounThe amount you pay yourself before insurance starts covering.
"I have a $2,000 deductible on my plan."
Resets every year — usually January 1.