Premiums is what you pay every month(or year) regardless of if you go to the doctor or not. A deductible is an amount you have to pay for insurance starts paying anything. Some times they will pay 20% or something like that before you hit your deductible, or you may just have to worry about co-pays. Once you hit your deductible insurance starts paying or pays more. For me, insurance pays 80+% after I hit my deductible. I also have an out of pocket maximum, where insurance will pay 100% after I reach that. Out of pocket costs are just whatever you have to pay that insurance doesn’t, like copays or the 20% leftover from my example.
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