The policy determines whether a deductible applies per claim, disability, policy year or another basis. Do not subtract it repeatedly without checking that basis.
Illustration: a S$1,000 deductible against S$6,000 of eligible costs leaves S$5,000 before any percentage sharing or limits. It is not a statement about any insurer’s quoted plan.
Ask how a major-medical deductible interacts with the underlying hospital benefit. Compare the full calculation order rather than assuming all group plans have the same deductible.
Sources
- MoneySense: Health insurance terms: Know what you are paying for
Premiums; deductibles and co-insurance; exclusions; riders. Retail-health examples are not universal group-policy terms.
Reviewed 23 October 2026 · Source details