A deductible is the amount you pay out of pocket before your insurance coverage starts. Depending on your specific plan, your deductible is either a fixed yearly amount or a percentage of each bill up to a yearly cap. You can find which one applies to you in your policy documents.
What is a deductible and how it works?
A deductible is the amount you pay yourself each year for medical expenses before insurance kicks in.
A higher deductible generally results in a lower monthly premium. That's why they are recommended for people who don't go to the doctor frequently, and for freelancers.
How does a fixed deductible work?
With a fixed deductible, you cover your medical costs yourself up to a fixed yearly amount. Once you reach that deductible, your insurance steps in and pays for eligible treatments, as outlined in your policy.
For example, if your plan has a €1200 deductible, you pay the first €1200 of medical bills annually before coverage starts.
How does the deductible work for the short-term private plan?
Some of our discounted short-term plan has a 10% deductible up to a maximum of €500 per year. This means you pay 10% of each medical bill out of pocket until your total out-of-pocket payments reach €500 in that year. After reaching €500, the insurance covers eligible medical expenses fully according to the policy.
Dental treatments don't fall under the deductible and are covered according to your policy.
Not sure which deductible you have?
Your deductible type and amount depend on your specific plan, not on whether it's a long-term or short-term plan. You can check your policy documents in your Feather account, or reach out to us and we're happy to help.