About The Medical Condition Coinsurance
Find the definition of the medical term Coinsurance. Coinsurance defined and explained for easy understanding at the Medical Conditions from ClusterMed.info.
Coinsurance
| Coinsurance Medical Condition |
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What's The Definition Of The Medical Condition Coinsurance?
Cost-sharing mechanisms that provide for payment by the insured of some portion of covered expenses. Deductibles are the amounts paid by the insured under a health insurance contract before benefits become payable; coinsurance is the provision under which the insured pays part of the medical bill, usually according to a fixed percentage, when benefits become payable.
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