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Insurance Jargon
Coinsurance
Commonly used in healthcare and medical settings
Literal Meaning
Percentage you pay
Actual Meaning
Your share of the bill after deductible. If it's 20%, you pay 20% and insurance pays 80%.
Examples in Context

The doctor noted Coinsurance on the chart.

Helpful Tips
  • 1Remember: Coinsurance means Percentage you pay after meeting deductible
Phrase Thesaurus
Similar words and synonyms for this phrase
cost sharing
percentage split
Related Phrases
Click to explore related phrases in our collection
Copay
Deductible
Out-of-pocket maximum