coinsurance

Noun

Meaning

insurance issued jointly by two or more underwriters

Hypernyms

Examples

Additionally, Americans can choose to order a policy from a private insurance company that covers some of the costs that Medicare does not cover, such as copayments, coinsurance, and deductibles. Source: Internet

Patients who receive a surprise bill, usually from an out-of-network doctor, would pay their deductible, copays, and coinsurance as if the doctor was in the network. Source: Internet

After Aetna approved the in-network payment of $70,882 (not including the fees of the surgeon and anesthesiologist), Frank’s coinsurance required him to pay the hospital 10 percent of the total. Source: Internet

Medicare Supplement plans in Georgia pay for things that your Original Medicare doesn’t cover, like copays, coinsurance, or deductibles. Source: Internet

Plans with low premiums usually have high out-of-pocket expenses to cover deductibles, copayments and coinsurance, so you may be saddled with bills you weren't expecting. Source: Internet

If an insurer chooses to charge lower premiums, most likely it will compensate by making you pay higher deductibles, coinsurance, and copays. Source: Internet

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