Health Insurance

Coinsurance

What you need to know

Coinsurance is the percentage of the cost that you pay for covered services after you’ve reached your deductible. If your coinsurance is 20%, for example, you would pay 20% on all covered services until you reach your out-of-pocket maximum.

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Health Insurance Terms
premiumout-of-pocket expensesdeductiblecoinsurancecopaymentcatastrophic plansmaximum out-of-pocket amount
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