Sentences with phrase «coinsurance split»

Health insurance plans with low monthly premiums typically have high deductibles, larger copayments, and a higher coinsurance split.

Health insurance plans with higher premiums typically have lower deductibles, lower copayments, and a lower coinsurance split.

Not exact matches

In most plans, once you pay your deductible, your health insurance company will still use copayments and coinsurance to split costs with you (up to the out - of - pocket max, after which the plan pays for 100 % of services).

The insurer and the insured split medical costs, typically with the insurer covering 80 % of the cost while the insured covers 20 %, also known as 80/20 coinsurance.

Coinsurance is another way that health insurers will split costs with you.