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Explain how the amount of your deductible is likely to affect the amount of your premium.

User Nico Diz
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Answer:

See below

Step-by-step explanation:

A deductible is an amount you upfront to a health insurance provider before insurance coverage can begin. The insurance company will not pay for health care services before the deductible is paid.

There is an indirect relationship between the amount of deductible paid and the premiums to be paid. When the deductible amount is high, the insurance premiums are low.

If the insurance policy has a low deductible requirement, the insurance premiums will be high.

User Corey Farwell
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