Integrated Deductible
What Does Integrated Deductible Mean?
An integrated deductible is the amount of money an insured person must pay for healthcare expenses before all of their health insurance policies begin to contribute to the payments.
Insuranceopedia Explains Integrated Deductible
The deductible is the amount the insured must pay out-of-pocket before their insurance begins to contribute to the cost of care. For example, if the deductible is $1,000, the insurance company will only cover expenses beyond that amount. If a person has two separate policies—one for clinical tests and another for prescription drugs—each with a $1,000 deductible, the policyholder may need to pay a total of $2,000 before the insurers start covering costs.
With an integrated deductible, however, a single deductible amount applies to both policies. For instance, if the integrated deductible is $1,000 and the policyholder has already spent that amount on clinical tests, the insurers will cover the remaining costs for both tests and prescription drugs, simplifying the payment process.
