Quote:
Originally Posted by tinyrabbit
I'm in the UK and pay £50 per week (for 60 minutes) which is the bottom of my T's sliding scale. Where I live, you'd be hard pushed to find someone good for less.
All the insurance stuff confuses me. What's a deductible, is that like an excess?
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In the US, a deductible is an amount you must reach with your insurance before certain coverages go into effect. This varies VERY widely. Some people have insurance where they have to pay for everything until they meet their deductibles. Deductibles vary widely also and are different for individuals and families. A deductible may be $1000, may be $5000, more or less than either of these...there is no set amount. Some people don't have to reach their deductible in order to pay their co-pay (small fee that is only a portion of the cost). For instance, if I see a primary doctor, I only pay $25. If I see a specialist, I only pay $40, and insurance pays the rest. If I have to go to the hospital, then I pay all of the costs up to a $1000 deductible, and after that, I only have to pay 15% of the costs...up to several hundred thousand dollars.
Again, we all have different insurance...it depends on your employer, insurance company, how many people are on your plan, etc. it's confusing for all of us too! Ha!