Question

the amount of money that must be paid by the patient before the insurance company will pay

Answer 1

The amount of money that a patient must pay before their insurance company covers the costs is typically referred to as a **deductible**. The deductible is a specific dollar amount that the insured must pay for healthcare services out of pocket before the insurance company begins to pay its share.

In addition to the deductible, patients may also have to pay **co-pays** (fixed amounts for specific services) and **co-insurance** (a percentage of the costs after the deductible has been met), depending on their insurance plan.

If you have more specific questions about insurance terms or how they work, feel free to ask!