Question

In a fee-for-service health insurance plan with a $6,500 annual deductible, _____.
a.

the insurance company will not pay more than $6,500 for any hospital visit.
b.

the insurance company will pay at most $6,500 in health care in a calendar year.
c.

the insured individual must pay $6,500 in health care before the insurance company will begin to pay for his health care needs.
d.

the insured individual must pay $6,500 in equal monthly installments in order for the insurance company to pay for his health care needs.

Answer 1

If u have a deductible, then u have to personally pay the deductible before the insurance pays anything. So ur answer is C

Answer 2

The correct answer is:

c) The insured individual must pay $6,500 in health care before the insurance company will begin to pay for his health care needs.

Explanation:

A deductible is an amount the insured person is expected to pay out of pocket before the insurance company begins paying anything. This is true for all types of insurance: health, auto, home, etc.

The insurance company will not pick up any of the costs until the customer pays the $6500.