A deductible is a flat dollar amount that you must pay each year before your medical plan begins sharing the cost of care and services with you.
Your deductible will vary based on the plan you choose and the number of people you cover. Services that apply to your deductible generally include office visits, lab services, X-rays, and hospital stays. Services that require a copay generally do not apply to your deductible.
The plans with a deductible are NVIDIA HSA, NVIDIA HSA Plus, and NVIDIA PPO.
Keep in mind that, regardless of your deductible, you benefit from the reduced rates that your health plan negotiates with providers, and preventive care is always 100% covered.
Tom, 43, is enrolled in the NVIDIA PPO plan and also covers his wife. His in-network deductible is $1,000 total. Let’s assume Tom always gets in-network care because he’s a savvy healthcare shopper.
Karen, 31, is enrolled in the NVIDIA HSA Plus and covers only herself. Her deductible is $1,400 and her out-of-pocket maximum is $2,500.