What Should My Family Health Insurance Deductible Be?

Choosing a deductible for your family health insurance plan is an important part of any purchase. A family health insurance deductible is the amount of money that a family must pay for medical services out-of-pocket before their family medical health insurance kicks in. The vast majority of family health insurance plans have an annual deductible. Co-payments usually don’t count towards fulfilling the deductible.

Families must weigh the cost of premiums with the deductible. You will get a lower family health insurance quote if you pick a policy with a high deductible. However, that could leave your family in dire financial straits in the case of a serious injury or diagnosis.

Affordable family health insurance is available within a wide range of deductibles, although it will most likely be from $500 to $10,000 per year. Some family health insurance coverage specifies several separate deductibles: for example, one for in-patient hospitalizations and another for other treatment. In those cases, your family will have to fulfill each individual deductible category before expenses are covered by your family health insurance.

National Coverage

US map

Get health insurance quotes, learn about your state's leading health insurance companies and instantly compare health plans in Texas, Florida, Illinois, Arizona, Georgia, and other states to find low cost health insurance.

Free No-Obligation Savings Card