What does coinsurance mean?

Answer Coinsurance is a term used in an insurance policy that states the insured and insurer share the expenses. The coinsurance shared amount is figured after the deductible is paid by the insured. Coins... Read More »

Top Q&A For: What does coinsurance mean

What Is a Coinsurance Payment?

Depending on your choice of health insurance, you may have to pay a certain amount before receiving the full benefits of your policy. Weigh your options when choosing a health insurance plan. Besid... Read More »

What do"co-payment"and"coinsurance"mean?

With some health insurance plans, the insurer may require the individual to pay for a portion of the medical services. These payments may take the form of a co-payment or co-insurance.DefinitionsA ... Read More »

What is coinsurance in health insurance?

Coinsurance, also commonly referred to as a co-payment, is the amount of money that a patient pays for medical services after his deductible has been met. For example, many health insurance plans r... Read More »

What Is Coinsurance for Health Insurance?

Rising health care costs have led insurance carriers to offer additional features on health insurance plans that serve to reduce monthly premiums. The concept of co-insurance is one technique that ... Read More »