Generally, it means that medical bills for all family members covered under the plan will count toward meeting the deductible. This is different from the majority of plans, because most insurance plans have a deductible that is per person, with a maximum for the family of either 2 or 3 times that amount. For example, if a family of 5 is covered under your insurance plan, and the deductible is $1000 with a maximum of 3 times the amount, and you have, say, a bad car wreck where everyone is hurt - you would have $3000 to pay to meet your deductible. If you had the same family, and the 'Family deductible' is $1000, you would have only $1000 to pay to meet the deductible, even if everyone was hurt.
No.
comphrensive
If an individual uses the entire amount for a family deductible is that okay
I think so.
A high-deductible health plan contains certain minimum dollar limits on the annual deductible and maximum limits on the out-of-pocket expenses listed under the plan. An individual health care plan would be considered high-deductible if it has an annual deductible of at least $1,200. A plan for family coverage is considered high-deductible if it has an annual deductible of $2,400. Out-of-pocket expenses for 2011 may not exceed $5,950 for individual coverage and $11,900 for family coverage. Out of pocket expenses include deductibles, co-payments, etc. www.bankofkc.com /personal/hsa-faq.aspx
deductible
It is "deductible," except in Australia, where it's spelled "deductable."
Straight Deductible
No. Gifts to any of of the family members are not deductible on your income tax return.
If your policy contains a Deductible clause then yes you will have to pay your deductible.
The average deductible varies depending on your company. However, on average, the deductible is about $1000.
Yes! I did it and had to pay my deductible.