This really depends on the policy. For example if your medical bill is $24,000.
After deductible, policy covers up to a maximum of $50,000.
Here your expense is the only the first $100 deductible.
Thus your final expense is only $100 while the insurance company will cover the remaining $23,900.
Deductible is $100 with Maximum coverage of $50,000.
Policy covers 80% of first $5000 then 100% to the policy limit.
So your expense is the first $100 deductible followed by 20% of first $5000, which is $1000. Thus your final expense is $1100 while the insurance company will cover the remaining $22,900.
Our insurance comparison engine allows you to evaluate different plans based on deductible cost.