What's Deductible in Health Insurance?

Care Health Insurance stresses understanding deductibles, the fixed out-of-pocket amount before coverage starts. For example, a ₹10,000 deductible on a ₹1 lakh bill means the policyholder pays ₹10,000 first, and the insurer covers ₹90,000. Deductibles differ from co-payments and sub-limits and are key for cost-sharing. Understanding deductibles aids informed decisions on health coverage and managing expenses. Care Health Insurance advises reading policy documents carefully for these details.