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What does after deductible mean?

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Answered 2008-06-30 16:45:12

"After deductible" means you will not get coverage or certain benefits until a deductible has been met. Insurance policies often have more than one deductible. For example, you may have a $1,000 per year deductible for certain medical expenses, and another deductible for prescription drugs. If your prescription drug deductible is $500 per year, you will have to pay out of pocket the first $500 of drug cots before your plan will kick. Many plans have complicated formulas for how deductibles are applied and how they are met so there is no one answer. But "after deductible" always means that the person with the insurance policy will have to pay something first, before getting reduced-cost, free, or co-pay services and drugs. Source: Women in Business (

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The amount the customer pays, before the policy pays anything.

The benefit to a ROTH IRA tax deductible is that it is TAX DEDUCTIBLE. But that does not mean that there are no implications, so you still have to be thorough.

yes a higher deductible means a lower premium.

You mean like a Hollywood talent agent? That would be deductible if you were in show business. If you mean like an insurance agent, that would not be deductible unless it was necessary to help you buy insurance for your business.

deductible mean patient should pay pearticular amount to the provider, before provider start treting the patient.

I assume you mean how does the deductible work. When you file a claim on any insurance, the insurance company will take out the deductible before it issues the payment to you. In many states the banks are protected and the check has to be made out to you and the mortgagee company.

Deductible means the amount of Covered Expense you must pay for Covered Services before certain benefits are available to you under this Combined Evidence of Coverage and Disclosure Form. Your annual Deductible is stated in the Part entitled ?MAXIMUM LIFETIME BENEFITS, ANNUAL DEDUCTIBLE, CO PAYMENTS AND ANNUAL OUT-OF-POCKET MAXIMUM.If your deductible has not been paid, the insurance company has the right to withhold the deductible amount first and then pay out the difference.

The deductible is the amount of money you will pay out of pocket before the insurance coverage kicks in. If you have 900.00 in damages, they wont pay anything. If you have 1500.00 in damages, they will give you 500.00. Less meaning - minus the deductible

If your policy contains a Deductible clause then yes you will have to pay your deductible.

what do you mean by excess? if you mean your deductible if your collision coverage is used regardless of fault you will be deducted your deductible....i need more info/details and i could be of more assistance please...

That is the proper spelling of the word deductible.

The average deductible varies depending on your company. However, on average, the deductible is about $1000.

Nothing, it is not a word in English.Deductible is. It means an amount removed from the principle sum. It can also mean the amount you have to pay on an insurance claim

Yes! I did it and had to pay my deductible.

WHEN WHEN when is health insurance deductible paid when? When?

When you have a deductible in your plan, before your insurance starts paying for the coverage, you have to meet the deductible after which the insurance starts paying its portion.

No, it is not tax deductible, but there are credits for education that are available. And the interest rate of college loans is tax deductible.

The amount of a policy deductible on a homeowners insurance policy is chosen by the policyholder. Your policy deductible is the amount you are responsible for paying before the insurance company will payout for a claim. If you experience a loss to your dwelling or your personal property, your homeowners insurance policy deductible applies. The deductible does not apply to other coverages on the policy. If you experience a loss under your deductible, you will not be eligible for a payout. If your loss exceeds your deductible, your deductible will be deducted from your claims payout check.

A low deductible will mean higher premiu. Your premium will already undoubtably be high with a teenage driver on your policy so you may want to consider it.

You do not pay a deductible for the car that you hit. Your liability coverage does not have a deductible.

No, I do not belive it is tax deductible

Your deductible is the portion of the loss that you are responsible for paying yourself.

Yes you usually have a deductible amount that you have to pay to the hospital.

Is entertainment expenditure deductible? If non, are there any circumstances whereby it is deductible, and if so, when are these circumstances valid?

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