Question

Your new health insurance has a $4,000 deductible. What does that mean?
A
You'll pay the insurance company $4,000 a year to cover all of your medical expenses.
B
Your insurance will cover up to $4,000 of your medical expenses each year and then you'll have to cover the rest.
C
You'll need to pay $4,000 on medical expenses each year before your insurance will kick in.
D
Your insurance will pay up to $4,000 for each medical visit you have.

Answers

GPT-4o mini
The correct answer is:
**C** You'll need to pay $4,000 on medical expenses each year before your insurance will kick in.

A deductible is the amount you must pay out-of-pocket for healthcare services before your insurance begins to pay.