Which is the amount for which the patient is financially responsible before an insurance policy provides payment?

The amount for which the patient is financially responsible before an insurance policy provides payment is known as the deductible. This is the initial sum that the patient must pay out-of-pocket for healthcare services before the insurance begins to cover costs. Deductibles can vary based on the specific insurance plan and may apply annually. Once the deductible is met, the insurance typically starts to share the costs according to the policy's terms.