What is the difference between an individual deductible and a family deductible?
The individual deductible is the amount any individual in a covered family pays before their medical bills are applied to the co-insurance. For example, in the Gold Plan, the individual deductible is $250 and the family deductible is $500. Meeting the family deductible means that when any combination of family members collectively reach $500 towards the deductible in covered medical expenditures, then the entire family has met the deductible. For instance, if you have 5 people in your family, you could each have $100 in covered medical expenses going towards the deductible, and the family annual deductible would be met for the year. In this scenario, no individual person would have to get to $250, if the entire family collectively reached $500 first. A family will not have to pay more than $500 on an annual basis in deductibles on the Gold Plan. However, if one individual meets the $250 deductible and has additional expenses before the family deductible of $500 has been applied, the Pl
