A deductible is the amount you'll have to pay for medical care at the beginning of your insurance policy. The out-of-pocket max is the most you'll pay for medical expenses in a year. For each policy ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 ...