How Does An Annual Deductible Work For Health Insurance? 
A deductible is the amount of money that you would pay before your health insurance kicks in . For example , if you have a $ 3,000 deductible and need to go to the hospital then you would pay the first $ 3,000 . Your insurance would kick in after that . For folks age 65 and over that are on Medicare along with a Medicare Supplement it will work a little differently . The deductible on most of the plans would be smaller and for doctors and tests not the hospital . I would be happy to answer any other questions you have . 