Definition of Deductible

–noun
the amount for which the insured is liable on each loss, injury, etc., before an insurance company will make payment.


Perry Webb scribbles "write checks" and it is done. If I am reading this correctly, the chamber reimbursed some employees in 2010 for their 2009 deductible.

Apparently, I am doing something wrong. I have to pay my own health insurance deductible. Do you?