Medical

co-insurance

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co-insurance

Managed care A cost-sharing requirement in many health insurance policies or health plans, in which the insured and insurer share payment of an approved charge/fee for covered services in a specified ratio, after an annual deductible is paid, up to a pre-set limit or maximum liability. See Allowed Charge, Copayment, Cost Sharing, Deductible, 80/20, Maximum liability.
McGraw-Hill Concise Dictionary of Modern Medicine. © 2002 by The McGraw-Hill Companies, Inc.
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References in periodicals archive
Brady said the co-insurance provision is in place to ensure the insured is paying enough in premiums to justify the insurance company's obligation to rebuild or replace the property in the event of a total loss.
Linking medical and pharmacy networks would make it easier to determine copays or co-insurance at the pharmacy counter, too.
Deductible and Co-Insurance. While credit insurance can provide a significant recovery when there is a covered loss, it is extremely rare for a policy to make a policyholder whole.
They found 50 percent co-insurance rates for specialty drugs on several plans in Florida and Texas, while the highest co-insurance rates on California plans were 30 percent and in New York, co-pays were typically $70.
The co-insurance can be a bit trickier until you learn the rules of your local insurance carriers.
Co-insurance: The percentage of allowed charges for covered services that you're required to pay.
Admiral said that the extended arrangements were in addition to its current co-insurance agreement with Munich Re (covering 40% of the UK business), which runs until at least the end of 2016.
Their description covers historical background, sources of law, dispute settlement and arbitration, form of insurance company, access to business, supervision, technical reserves and investments, accountancy, taxation of the company, the reinsurance company, insurable risk, formation of contract, obligations of the insured, insurance and third parties, termination of contract, specifics of property and liability insurance, motor vehicle insurance, varieties of insurance of the person (including pensions), insurance intermediaries, reinsurance and co-insurance, and risk management and prevention.
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