A(n)__________ is the amount that must be spent on health care before insurance companies will cover the remaining expenses.
A) Reserve
B) Deductible
C) Annuity
D) Co-payment

Question

Quizplus · Accepted Answer

A deductible is the amount that policyholders must pay out of their own pockets before their insurance coverage begins. Once they've paid their deductible, their insurance company covers the rest of the costs.

A(n)__________ Is the Amount That Must Be Spent on Health