Calendar Year Deductible Vs. Plan or Contract Deductible

Calendar Year Deductible Vs. Plan or Contract Deductible

A calendar year deductible is what most health plans run on. The deductible year begins on January 1st and ends on December 31st. Calendar-year deductibles reset every January 1st. A plan/contract year deductible is a deductible that resets on the renewal date of your company’s plan. (Generally, July to June). Contact your health insurance plan to know when your deductible resets.