your new health insurance has a $4,000 deductible. what does that mean?\na youll pay the insurance company…

your new health insurance has a $4,000 deductible. what does that mean?\na youll pay the insurance company $4,000 a year to cover all of your medical expenses.\nb your insurance will cover up to $4,000 of your medical expenses each year and then youll have to cover the rest.\nc youll need to pay $4,000 on medical expenses each year before your insurance will kick in.\nd your insurance will pay up to $4,000 for each medical visit you have.

your new health insurance has a $4,000 deductible. what does that mean?\na youll pay the insurance company $4,000 a year to cover all of your medical expenses.\nb your insurance will cover up to $4,000 of your medical expenses each year and then youll have to cover the rest.\nc youll need to pay $4,000 on medical expenses each year before your insurance will kick in.\nd your insurance will pay up to $4,000 for each medical visit you have.

Answer

Brief Explanations:

A deductible in health insurance is the amount a policy - holder must pay out - of - pocket for medical expenses before the insurance company starts to pay. So, with a $4,000 deductible, you pay $4,000 in medical costs first each year.

Answer:

C. You'll need to pay $4,000 on medical expenses each year before your insurance will kick in.