Health Care Reform Community
162 Members
Avatar universal

Deductible vs Premium Tradeoffs

Intuitively, I know there is an inverse relationship between health insurance deductible and premium, i.e. the higher the deductible, the lower the premium. But I have failed to find a definitive correlation between the two. Articles I have read say that the relationship is not linear without giving a reason why and without offering a description of what it is.

Obviously, actuaries/underwriters in insurance companies have developed financial models for health plans with different deductible levels. This sort of thing cannot be a trade secret. Please share your knowledge on this.

One last question. Are deductibles in health plans come in discrete levels? If so, what are they and how were they set?
0 Responses
Have an Answer?
Didn't find the answer you were looking for?
Ask a question
Popular Resources
A list of national and international resources and hotlines to help connect you to needed health and medical services.
Here’s how your baby’s growing in your body each week.
These common ADD/ADHD myths could already be hurting your child
This article will tell you more about strength training at home, giving you some options that require little to no equipment.
In You Can Prevent a Stroke, Dr. Joshua Yamamoto and Dr. Kristin Thomas help us understand what we can do to prevent a stroke.
Smoking substitute may not provide such a healthy swap, after all.