Should a heath insurance deductive be high or low? im lost...?

i still dont get this insurance bit!! uhhhgg!!!

Oh Anna darling..take a breath and make it simple. If you have no health issues and want to pay the least premium possible go for a high deductible plan. Keep in mind you are responsible for that high deductible every calendar year. May not be the best option. If you do not have an in network deductible then it only applies to out of network. If you have an in network deductible and a office copay, the deductible does not apply to doctor visits. It's very confusing. If you have any questions email me at mrsdeli@yahoo.com

the higher the deductible the lower the premium and the lower the deductible the higher the premium.

so it depends on your situation

Normally the higher the deductable, the less the premiums.

It does depend on your situation. Usually you want to choose the deductible based on how much money you could pay. If you have a nice nest egg or inherited some money and could afford to pay $5000 if you had a serious illness then go for the high deductible. If you are like most people you won't have access to a lot of cash and more likely have just a little in savings so I would go for a little lower deductible while still keeping your payments reasonable. For health insurance it is also VERY important to look at how much you pay after the deductible. For some policies you pay 20% after the deductible. Which means in a worse case scenario where you had to have major surgery that cost say, $500,000 after your $1000 deductible you would have to pay 20% of the $499,000. Which is almost $10,000, on top of the $1000 deductible. Other policies may cost more, but require you to not pay anything after the deductible. And on top of all that you then have to consider prescription benefits, etc. Please start by reading the wikipedia article below. It's very important to get a lot of information before choosing otherwise you may end up with huge medical bills despite the fact that you have insurance.

Long story short - you want the least out of pocket expenses. If you're a reasonably healthy adult with no dependents, you want a low premium higher deductible because in the long run, you won't be paying a ton of money. If you see a doctor frequently or have small children, you want a lower deductible (which probably has a higher premium) because chances are, you're going to meet the deductible quickly, and you want the insurance to pick up as much of the tab as possible.