Meanwhile, health insurance plans with lower deductibles offer more predictable costs and often more generous coverage, but they generally have higher premiums. For the insurer, a higher deductible means that you are responsible for more of your initial health care costs, saving them money. For you, the benefit comes in lower monthly premiums. The annual deductible is the amount you must pay for health care services (not counting insurance premiums) in a given year before your insurance begins to cover the cost.
Health insurance deductibles are the amount you have to pay for your health care before your insurance starts to cover the costs.