Glossary
Deductible
(dee-DUK-tih-bul)
The amount of
money that a patient with health insurance pays for
health care services before the health insurance plan begins
to pay. Health care services may include visits to the
doctor, laboratory tests, prescription medicines, and
hospital stays. Not all health care plans require a
deductible. Usually, plans with higher deductibles have
lower monthly premiums (payments).
Definition from the National Cancer Institute’s NCI Dictionary of Cancer Terms.