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Deductible

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Higher health deductibles may save billions: study
MarketWatch  May 7  Comment 
A study from researcher Rand Corp. says if half of all health plans had a $1,000 deductible, it could save $57 billion in costs.
Insurance Deductibles: Where is the Tipping Point?
Canadian Personal Finance Blog  Mar 26  Comment 
So thanks to our Church being robbed, the idea of High insurance deductibles is weighing on my mind. What is the "tipping point" for insurance deductibles? (sorry I love mis-using that term, just like the real media). If you set your deductible...
Paying For Getting Better: What's Deductible?
Forbes  Feb 17  Comment 
I'm back in North Carolina for the second time in two weeks, this time with Nurse Kate (my daughter) in tow. My mom had heart valve replacement surgery last week and it wasn't without her complications: her lung collapsed the day after the surgery...
Ransom paid is tax deductible
The Hindu Business Line  Jan 22  Comment 
The High Court ruled that while demand for ransom is punishable, the law does not say that payment is an offence if it is meant to save a person's life.
Snark Hunting Not Deductible
Forbes  Jan 5  Comment 
 The crew was complete it included a Boots - A maker of Bonnets and Hoods —A Barrister, brought to arrange their disputes — And a Broker, to value their goods. A Billiard-marker, whose skill was immense,Might perhaps have won more than...
Sticking With Our High Deductible Health Plan (and HSA)
Forbes  Dec 12  Comment 
see photosClick for full photo gallery: Health Secrets Of The World's Oldest People A reader named Marc recently left a comment asking how our high deductible health plan has worked out for us. Given that November is open enrollment season, this...
Connecticut Updates Underwriting Guidelines for Hurricane Deductible
Insurance Journal  Dec 12  Comment 
Connecticut insurance department announced that it has updated its coastal underwriting guidelines to clarify when hurricane deductibles can be applied. The hurricane deductible issue has been in the spotlight in wake of Tropical Storm Irene. Some...
State Farm Hikes Homeowner Policy Rates, Deductibles in Texas
Insurance Journal  Dec 2  Comment 
A new insurance commissioner has allowed State Farm to charge higher rates and deductibles in Texas. State Farm Insurance on Dec. 1 was authorized to switch many of its 1.2 million homeowner policies to a higher deductible. The Dallas Morning …
State Farm: Its Conn. Deductible Decision Grounded in Fairness
Insurance Journal  Oct 14  Comment 
State Farm Insurance says U.S. Senator Richard Blumenthal’s request that the company drop Irene-related hurricane deductibles in Connecticut would actually be unfair to policyholders and introduce all sorts of uncertainty. State Farm — the...
Connecticut Regulators to Revise Hurricane Deductible Rules
Insurance Journal  Oct 14  Comment 
Connecticut insurance regulators are working on revising hurricane deductible rules in the wake of tropical storm Irene. The insurance department spokesperson told Insurance Journal that the new rules under consideration focus exclusively on wind...




more ▼WIKI ANALYSIS
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A deductible is the amount that a policy holder is responsible for paying per accident before his/her insurance policy kicks in. Deductibles vary by state, but are most often specified in amounts of $100, $250, $500 or $1,000. For most insurance companies, the higher your deductible, the lower your premiums. In other words, if you're willing to pay higher out-of-pocket costs, you can lower the total cost of your insurance. For example, if you are in an accident that causes $7,500 worth of damage and your deductible is $500, you are required to pay $500 before your insurance company takes care of the remaining $7,000.

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