Coinsurance Definition

kōĭn-sho͝orəns
noun
A form of property insurance in which the insured shares in losses proportionately to the extent that the amount of insurance falls short of a specified percentage of the value of the insured property.
Webster's New World
Joint insurance by two or more insurers.
Webster's New World
A sum of money paid by a patient to a health care provider after a health insurance company has paid a contractual amount for a covered service, usually a fixed percentage of costs. Coinsurance usually applies after an annual deductible has been paid.
American Heritage Medicine

Other Word Forms of Coinsurance

Noun

Singular:
coinsurance
Plural:
coinsurances

Origin of Coinsurance

Coinsurance Sentence Examples

  • Some companies require coinsurance from those they cover.

  • Each plan will tell you what type it is (network, PPO, etc.), the deductible, coinsurance, copay and an estimate of your premium cost.

  • Acute care wilkin than were their deductibles higher coinsurance the hmo and.

  • The website also provides the current rates of Medicare premiums and coinsurance plans.

  • Even with health insurance, there will be costs such as deductibles and coinsurance fees.

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Words Starting With

CCOCOI

Words Ending With

ECENCE

Unscrambles

coinsurance

Words Starting With C and Ending With E

Starts With C & Ends With EStarts With CO & Ends With EStarts With C & Ends With CE

Word Length

11 Letter Words11 Letter Words Starting With C11 Letter Words Ending With E