coinsurance

[US]/ˌkɔɪnˈʃʊərəns/
[UK]/ˌkoʊɪnˈʃɜːrəns/
Frequency: Very High

Translation

n.a type of insurance where two or more parties share the risk and costs
Word Forms

Phrases & Collocations

coinsurance rate

coinsurance payment

coinsurance percentage

coinsurance clause

coinsurance limit

coinsurance amount

coinsurance coverage

coinsurance policy

coinsurance terms

coinsurance agreement

Example Sentences

coinsurance is a common feature in many health insurance plans.

the coinsurance rate can significantly affect your out-of-pocket expenses.

understanding coinsurance is essential for managing healthcare costs.

some policies require a higher coinsurance percentage for certain services.

check your insurance policy to find the coinsurance details.

coinsurance helps share the financial risk between the insurer and the insured.

after meeting the deductible, you will be responsible for coinsurance payments.

coinsurance can vary based on the type of medical service received.

it's important to understand how coinsurance works before choosing a plan.

many people are surprised by their coinsurance obligations during treatment.

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