It is a specific dollar amount that an individual mus pay (or "satisfy") before reimbursement for expenses begins. The higher the deductible, the lower the cost of the health insurance plan.
For insured employees with dependent coverage, does the deductible for each person have to be satisfied before reimbursement begins?
Each person covered under a group health insurance plan must meet a deductible before expenses will be covered. However, plans usually include some type of family deductible in order to limit a family's exposure for health care expenses. The family deductible is usually some multiple of the individual deductible, generally two or three. For the family deductible to be satisfied, the combined expenses of covered family members are accumulated. Some plans require, however; that at least one family member satisfy the full individual deductible before the family deductible can be met.