For example, if your plan deductible is $1,500, you would pay 100 percent of your health care charges out of pocket until the amount you paid reached $1,500. After that, your insurance company will pay a percentage of the charges based on the details of your plan. If you choose an insurance plan with a high deductible amount, you will most likely have a lower monthly premium. If your plan has a high monthly premium, the deductible amount will be lower.