This is the amount a plan member pays out-of-pocket before the plan’s co-insurance kicks in. The lower the deductible, the more the health plan typically costs. There are two general types of deductibles:

• Embedded Deductible: Each dependent on your health plan has his or her own deductible. These embedded (individual) deductibles also accumulate toward an aggregate (family) deductible. For example, if your plan provides coverage for two adults and two children with embedded deductibles of $2,000, each person will have his or her own individual $2,000 deductible or reach the aggregate (family) deductible before benefits are paid at the co-insurance level.
• Aggregate Deductible: An aggregate deductible is a set amount that either one individual or all family members can contribute toward. For example, if the aggregate deductible is $2,000 individual only, with no dependents on the plan, you are responsible for only meeting that amount. If there are employee and dependents on the plan, the deductible to be met is $6,000 and you will be required to meet the full family amount.

Each participant can determine how much of their deductible has been met for the benefit period by logging into their MyGuideStone account and clicking the vendor link. Lastly, deductibles can be transferred from one GuideStone plan to another.