Which type of health insurance plan generally has the lowest deductible?

The health insurance plan that generally has the lowest deductible is the Platinum plan. This type of plan is designed to cover a higher percentage of healthcare costs, which means that the out-of-pocket expenses for the covered individual are minimized. Consequently, the deductible— which is the amount you must pay before your insurance starts to pay— is lower compared to the other options.

Platinum plans typically have higher monthly premiums, but this is offset by lower costs when you require medical services, making them a good choice for those who anticipate needing significant healthcare. Understanding this structure helps individuals make informed choices based on their potential healthcare needs and budget.