Coinsurance
InsuranceThe percentage of healthcare costs you pay after meeting your deductible, such as 20% of a hospital bill.
Example
Example: When shopping for coverage, understanding coinsurance helps you avoid overpaying or being underinsured. For a family of four, the difference between plans that handle coinsurance differently can mean $2,000-$5,000/year in out-of-pocket costs. Compare plans with our insurance comparison calculator.