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coinsurance
(redirected from co-insurance)

   Also found in: Medical, Legal, Financial, Wikipedia 0.01 sec.
co·in·sur·ance  (kn-shrns)
n.
1. Insurance held jointly by two or more insurers.
2. A form of insurance in which a person insures property for less than its full value and agrees to be responsible for the difference.

coinsurance [ˌkəʊɪnˈʃʊərəns -ˈʃɔː-]
n
1. (Business / Insurance) a method of insurance by which property is insured for a certain percentage of its value by a commercial insurance policy while the owner assumes liability for the remainder
2. (Business / Insurance) joint insurance held by two or more persons
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.coinsurance - insurance issued jointly by two or more underwriters
insurance - promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company
Translations
coinsurance [ˌkəʊɪnˈʃʊərəns] Ncoaseguro m, seguro m copartícipe


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Specifically, 70 percent are planning to increase employee contributions and 67 percent are expecting to raise deductibles, co-pays, co-insurance or out-of-pocket maximums.
Officially, the Max should cap copays and co-insurance but the inclusive type works much better.
If you do not qualify for extra help, you will pay: monthly premiums, a yearly deductible, and co-pay or co-insurance for each prescription.
 
 
 
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