coinsurance in English

noun
1
a type of insurance in which the insured pays a share of the payment made against a claim.
Two more numbers to pay attention to are your deductible, or the amount you have to pay before your benefits kick in, and your co-insurance , or the percentage of physician's fees you're responsible for.

Use "coinsurance" in a sentence

Below are sample sentences containing the word "coinsurance" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "coinsurance", or refer to the context using the word "coinsurance" in the English Dictionary.

1. Deductibles, Copayments, coinsurance, tiers, Medicare prescription drug plans, costs, covered prescriptions, generic and brand-name drugs.

2. The Agreed amount clause is a property insurance provision through which the insurer agrees to waive the coinsurance requirement

3. Copayment/coinsurance in drug plans These are the amounts you pay for your covered drugs after the Deductible (if the plan has one)

4. In addition to monthly premiums, people with health insurance may also be financially responsible for additional fees, such as coinsurance, Copayments, and deductibles

5. ‡ The EYLEA Copay Card Program covers up to $15,000 in assistance per year toward product-specific Copay, coinsurance, and insurance deductibles for EYLEA treatments

6. A Copay is a flat fee you pay whenever you receive certain health care services or get prescription drugs Copays may apply before and after you hit your deductible A Copay is different from coinsurance, which only applies after reaching your deductible and is …

7. MEDICAL - If your Plan includes "per Member" and "per Family" Calendar Year Deductibles (CYD)s, annual Copayment and/or Coinsurance Maximums (Out-of-Pocket), and/or specific Covered Services benefit maximums, then the "per Member" amounts as displayed in the Medical Deductible & Accumulators table apply to one enrolled person only, while the "per Family" amounts apply to all …