Why Is My Health Insurance Deductible So High?

If you’re shopping for health insurance or reviewing your current plan in North Carolina, you may be wondering why your deductible is higher than expected. At Charles Brunson Agency, we know that understanding your health insurance deductible and the factors that influence it can be confusing. Our team is here to help you make sense of your options and find coverage that fits your needs and budget.

What Is a Health Insurance Deductible?

A deductible is the amount you pay out of pocket for covered health care services before your insurance plan starts to pay. For example, if your deductible is $2,000, you’ll pay the first $2,000 of covered services yourself. After that, your insurance typically covers a larger share of costs.

Why Are Deductibles So High in North Carolina?

Several factors contribute to higher health insurance deductibles, both in this state and across the country:

• Rising health care costs—Medical expenses continue to increase, and insurers often raise deductibles to help manage these costs.
• Plan type—High-deductible health plans are common, especially for those seeking lower monthly premiums. These plans shift more initial costs to you before coverage kicks in. Plans with lower premiums often come with higher deductibles.
• State regulations—North Carolina’s insurance market and regulations can impact the types of plans available and their cost structures.

Let Us Help You Navigate Health Insurance Costs

At Charles Brunson Agency, our team works closely with North Carolina residents to explain the details of health insurance deductibles and overall costs. Contact us today to speak with our team and get personalized guidance.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.