<p class="p__6">This suggests your health insurance strategy will cover the remaining $29,000, along with any other medical expenses in the fiscal year. You pay coinsurance till you reach your out-of-pocket optimum. Deductible is the amount of care you spend for yourself, each year, prior to your medical insurance plan will begin to pitch in for your care. It belongs to your out-of-pocket expenses. For example, if your deductible is $3,000 a year, your health insurance coverage strategy won't pay for any of your care, till you have actually paid $3,000 out of your own pocket for things like supplier gos to and X-rays (premiums do not count).</p>