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Some strategies will pay for certain costs, like preventive services, prior to you have actually met your deductible. Premiums and deductibles collaborate. Strategies with higher deductibles generally have lower premiums, while strategies with lower deductibles often have greater premiums - Who owns progressive insurance. One thing to think about when picking a plan is just how much you believe you will utilize your insurance. Do you have little kids? Or do you or a relative get ill often or have a continuous illness or impairment? If you think you'll require to see doctors regularly, you may want to think about a strategy with a higher premium and lower deductible.