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Insurance
Medical Billing and Coding

WHAT DOES IT MEAN WHEN INSURANCE COMPANY MAKES FULL PAYMENT MINUS A PATIENTS DEDUCTIBLE?

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December 18, 2014 2:08AM

You will need to read the policy for an accurate answer. However a deductible is usually The amount that the insured must pay out-of-pocket before the health insurer pays its share. The equivalent on a motor insurance policy would be the "excess".