Sentences with phrase «coinsurance at»

Not exact matches

Coinsurance depends on the relationship between the amount of the policy and a specified percentage of the actual value of the property insured at the time of the loss.

These plans don't have any copays at all, but cover everything 100 % after the deductible with no coinsurance.

With coinsurance the insurance policy beneficiary shares the cost of the insured service with the insurance company at a predetermined percentage outlined in the coinsurance clause of the policy.

And once you have satisfied the deductible and any coinsurance, usually your qualified expenses are covered at 100 %, although 80 % and 70 % options are also available.

Inpatient and outpatient care for mental illness included at 75 % or 100 % after the coinsurance maximum is reached.

If it were subject to the deductible, you'd pay full price for the service, assuming you hadn't already met your deductible (if you had already met your deductible, you'd pay either a percentage of the cost - coinsurance - or nothing at all, if you'd also already met your out - of - pocket maximum).

Let's look at an example: You have a deductible of $ 1,000, a coinsurance of 20 percent, and an out - of - pocket limit of $ 5,000 per year.

Once again, look at plans with a higher deductible and coinsurance than your current plan.

However, you will pay higher coinsurance after deductible with the Rocky Mountain plan at 30 percent, compared to Anthem's 20 percent.

In addition to a monthly premium payment, there is usually a co-payment at each visit and a coinsurance responsibility.

To satisfy the coinsurance condition you must insure your building for at least $ 1.8 million (90 percent of $ 2 million).

If you sustain a $ 100,000 business income loss and your business income limit is at least $ 500,000, no coinsurance will apply.

These requirements may include a coinsurance percentage of at least 80 % or insurance that is written on a value reporting basis.

Most schools don't have a specific coverage limit, but the insurance should provide coverage at a high coinsurance (80 % or more within the PPO network) for pre-natal, delivery, and post-natal care.

A new Deductible, Coinsurance, other limits, and Pre-existing Condition Exclusion will apply at each succeeding or subsequent Period of Coverage.

At its basic level, coinsurance refers simply to the spreading of an insurance plan among multiple parties.

For the sake of simplicity, we'll assume that all of the property cited in the following examples is insured on a replacement cost basis at 100 % of its value (meaning no coinsurance applies).

Let's say you want to insure your truck against fire and theft on a coinsurance basis, and that the truck is valued at $ 100,000.