deductible

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Related to deductibles: Co-Pays

de·duct·i·ble

 (dĭ-dŭk′tə-bəl)
adj.
That can be deducted, especially with respect to income taxes: deductible expenses.
n.
1. Something, such as an expense, that can be deducted, as for income-tax purposes.
2.
a. A clause in an insurance policy that exempts the insurer from paying an initial specified amount in the event that the insured sustains a loss or must pay for services otherwise covered under the policy.
b. The specified amount that must be paid by the holder of such a policy.

de·duct′i·bil′i·ty n.

deductible

(dɪˈdʌktɪbəl)
adj
1. (Mathematics) capable of being deducted
2. (Accounting & Book-keeping) US and Canadian short for tax-deductible
n
(Insurance) insurance US and Canadian a specified contribution towards the cost of a claim, stipulated on certain insurance policies as being payable by the policyholder. Also called (in Britain and certain other countries): excess
deˌductiˈbility n

de•duct•i•ble

(dɪˈdʌk tə bəl)

adj.
1. capable of being deducted.
2. allowable as a tax deduction.
n.
3. the amount for which the insured is liable on each claim made on an insurance policy.
[1855–60]
de•duct`i•bil′i•ty, n.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.deductible - (taxes) an amount that can be deducted (especially for the purposes of calculating income tax)
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
amount, amount of money, sum, sum of money - a quantity of money; "he borrowed a large sum"; "the amount he had in cash was insufficient"
2.deductible - a clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
clause, article - a separate section of a legal document (as a statute or contract or will)
Adj.1.deductible - acceptable as a deduction (especially as a tax deduction)
revenue enhancement, tax, taxation - charge against a citizen's person or property or activity for the support of government
nondeductible - not allowable as a deduction
Translations

deductible

[dɪˈdʌktəbl] ADJdeducible, descontable; (for tax purposes) → desgravable, deducible

deductible

adjabziehbar; (= tax deductible)absetzbar

deductible

[dɪˈdʌktəbl] adjdeducibile

de·duc·ti·ble

a. deducible.

deductible

n (insurance) deducible m, franquicia (esp. Esp); to reach your deductible..alcanzar el deducible (la franquicia)
References in periodicals archive ?
But according to a recent report, not only have premiums continued to rise under the Affordable Care Act (ACA), but deductibles have grown dramatically, often to the point that having insurance isn't a guarantee of affordable care.
Car insurance companies say they'll reward customers by trimming their collision deductibles after a few years of crash-free driving.
A NEW ANALYSIS POINTS to the difficulty families have paying for the ever-growing cost of health care, especially given increasing deductibles.
13, 2014 /PRNewswire-USNewswire/ -- HealthPocket examined 2015 Medicare Part D drug plans and found that deductibles tended to decrease as premiums increased.
Adding up payroll deductions for premiums of both plans, plus co-payments, deductibles and tax advantages, he computed saving about $700 annually.
Consumer-directed health savings accounts, whose lower premiums and higher deductibles appeal to employers and the young and healthy, are expected to grow rapidly over the next two years after a slow start.
An HDHP is a health plan that satisfies certain minimum annual deductibles and maximum annual out-of-pocket expense requirements under Sec.
Contractual negotiation limitations and fear of increased deductibles have led to their skepticism about the plans.
With the significant increase in property and casualty insurance premiums, companies have been raising their policy deductibles or the amount they self-insure--the loss the company will absorb that's not covered by insurance.
The limit applies to the allowed amount, before deductibles and coinsurance are paid.
Many people are understandably put off by the high deductible, but these deductibles don't work like regular deductibles.