Coinsurance
The percentage of costs you share with your insurer after meeting your deductible. For example, with 80/20 coinsurance, your insurer pays 80% and you pay 20% of covered costs until you reach your out-of-pocket maximum.
The percentage of costs you share with your insurer after meeting your deductible. For example, with 80/20 coinsurance, your insurer pays 80% and you pay 20% of covered costs until you reach your out-of-pocket maximum.