INSURANCE QUOTESSTART HERE Deductible Definition Deductible is a fixed amount that is being paid by the insured person before the insurer starts to cover the medical bills. It may be per individual or per family. Health Insurance Articles Waiting Period Utilization Insurance: Tort Successive Periods All about Accident and Health Insurance Accident and Sickness Insurance State of Domicile Risk Retention Group Risk Management Residual Benefit Health Insurance Resources Health Insurance Definitions Health Insurance Q&A