what is coinsurance in health insurance coinsurance health insurance cost-sharing deductible copayment coinsurance percentage how does coinsurance work how to reduce the cost of coinsurance Medicaid

Coinsurance is a cost-sharing provision in health insurance that requires the insured to pay a percentage of the costs of covered healthcare services, typically after the deductible has been met. The coinsurance percentage is usually expressed as a ratio, such as 80/20 or 90/10. This means that the insurance company will pay 80% or 90% … Read more