Does insurance deductible hold to be remunerated up to that time insurance will rate? how do you prove it?
Answers:
Your deductable is the amount that you must pay out of pocket inside a benefit period, (usually 90 days), past your insurance will pick up the tab, except for medicare supplements, most of which are designed to actually cover co-pay and deductables by payments of premium.
The doctor or auto repair other sends in a claim to the insurance company. The insurance after subtracts the amount from the deductible that it is keeping track of. There is nothing for you to do. The doctor or auto repair will convey you a bill for any amount the insurance company does not pay.
With a doctor he is salaried directly. With an auto repair you receive a check to give them. In any case in attendance is always a claim and the insurance will hold on to track.
If you have a $1000 deductible and $500 devastate a claim is still filed to save track of it.
Are you conversation about strength insurance or auto insurance?
Auto insurance - the company sends you a check for the estimate minus your deductible - it's understood that you money the repair shop at time of service.
Health insurance - you are not to pay up front - the provider is supposed to bill the plan first and later the insurance tells the provider how much to bill you for. That's how that's tracked.
Yes, it's the amount you recompense, BEFORE the insurance kicks within.
You have to submit the invoice to the insurance company, they will "disallow" the first XX dollars, up to the deductible amount.
Normally, after the work is done (let's say, for a saloon accident), insurance will send a check for the amount of the repairs smaller amount your deductible. So, if you had $1000 surrounded by covered repairs and a $500 deductible, they would send you (or the repair shop) a check for $500 (the difference).