View synonyms for deductible

deductible

[ dih-duhk-tuh-buhl ]

Phonetic (Standard)IPA

adjective

capable of being deducted.
allowable as a tax deduction:
Charitable contributions are deductible expenses.

the amount for which the insured is liable on each loss, injury, etc., before an insurance company will make payment:
The deductible on our medical coverage has been raised from $50 to $100 per illness.

deductible

/ dɪˈdʌktɪbəl /

insurance a specified contribution towards the cost of a claim, stipulated on certain insurance policies as being payable by the policyholder Also called (in Britain and certain other countries)excess

First recorded in 1855–60; deduct + -ible

Bronze plans start at $191 a month, fully one-third more than the catastrophic plan, with a $6,000 deductible.

The change, by the way, removes deductible caps from certain plans small businesses can offer their employees.

The application of a deductible is often tied to whether the National Weather Service identifies the event as a hurricane.

Nonetheless, I still had to cough up $1,300 a month with a $5,000 deductible for the two of us.

Pre-Obamacare, a Carefirst plan with a $2,700 deductible would have cost me $111 a month, according to the ehealthinsurance site.

April 25, 2024firkin

[fur-kin ]

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