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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Indemnity plans usually combine both a deductible and a co-insurance which is the factor that can affect your final out of pocket expense. Varied levels of co-payments, deductibles and co-insurance are permitted within limits, i. Specific Negotiating Points: Some insurers are seeking to reintroduce co-insurance into their new policies, a provision they dropped doing during the soft markets of the late 1990s. |
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