Coinsurance
A percentage share of covered costs that you pay after meeting a deductible, depending on policy terms.
Example
With 20 percent coinsurance, you pay 20 percent of the allowed cost after the deductible.
A percentage share of covered costs that you pay after meeting a deductible, depending on policy terms.
With 20 percent coinsurance, you pay 20 percent of the allowed cost after the deductible.