A deductible is the amount you owe for covered health care services before your health plan begins to pay. For example, if your deductible is $1,000, your plan won’t pay anything until you’ve met your $1,000 deductible for covered health care services subject to the deductible. The deductible may not apply to all services. Beginning in 2014, deductibles for small group health plans will be limited to $2,000 for individual policies and $4,000 for family policies.

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