I don’t understand Health Insurance Deductibles?
I’m shopping for health insurance and I kinda understand deductibles, then I don’t. I understand that the deductible is the amount you have to pay out of pocket before the insurance “kicks in”. What about this example:
I usually go to a therapist about 2-4 times a month (nothing crazy, just talking about stuff). Those appointments cost about $ 75 w/o insurance and a $ 30 copay under my old insurance. If I bought insurance with, say, a $ 1,000 deductible, does that mean I have to pay for (let’s see $ 1000 divided by $ 75….) 13.3 of those appointments before it’s covered by the insurance? I just don’t get it.