About The Medical Condition Deductibles and Coinsurance
Find the definition of the medical term Deductibles and Coinsurance. Deductibles and Coinsurance defined and explained for easy understanding at the Medical Conditions from ClusterMed.info.
Deductibles and Coinsurance
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What's The Definition Of The Medical Condition Deductibles and 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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