• Health

    Understanding 20% Coinsurance: What it Means for Your Health Insurance

    Coinsurance Explained: The Basics Coinsurance is a common term in health insurance that refers to the percentage of medical costs that you’re responsible for paying after meeting your deductible. In other words, it’s the portion of the bill that you’ll have to pay out of pocket, while your insurance company pays the rest. For example, if you have a $1,000…

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