coinsurance

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Related to co-insurance: reinsurance

co·in·sur·ance

 (kō′ĭn-sho͝or′əns)
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.
3. A sum of money paid by a patient to a health care provider after a health insurance company has paid a contractual amount for a covered service, usually a fixed percentage of costs. Coinsurance usually applies after an annual deductible has been paid.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

coinsurance

(ˌkəʊɪnˈʃʊərəns; -ˈʃɔː-)
n
1. (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. (Insurance) joint insurance held by two or more persons
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

co•in•sur•ance

(ˌkoʊ ɪnˈʃʊər əns, -ˈʃɜr-)

n.
1. insurance underwritten jointly with another insurer.
2. property insurance in which liability is assumed only for a specified percentage of the property value.
[1885–90]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

coinsurance

[ˌkəʊɪnˈʃʊərəns] Ncoaseguro m, seguro m copartícipe
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005
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References in periodicals archive ?
The business strategy envisages tapping captive business through co-insurance with an established group, with gradual entry into the market business in the pipeline.
In addition to deductibles, Brady said co-insurance provisions are another important and similar item business owners should take into consideration.
In the tender, there was no provision for co-insurance. I'm not in a position to define the legality of the same,' he said.
For illustrative purposes only, this calculation of monthly savings assumes a scenario where Praluent is on a specialty tier with 33 percent co-insurance and Praluent then moves to preferred brand tier co-pay of $25.
The innovative product features design concepts familiar to purchasers of other types of insurance, including a deductible and co-insurance, and offers the benefit of a dividend 1, which can help offset future premiums.
One of the barriers we've identified is high deductibles, co-pays and co-insurance associated with out-of-network reimbursement.
These are covered with a maximum 10 per cent co-insurance payable by the insured.
* Know your maximum annual limit of medicines through your insurance and read the card for the percentage of co-insurance which is usually 20 per cent for all outpatient procedures and 10 per cent on medicines for the Essential Basic Package.
The second customer's doctor recommends another treatment that is more effective for her, yet it is on a higher insurance tier and she will need to pay more co-insurance out of pocket.
In 2005, the last year the single plan was in effect, enrollees paid no deductible, had a 20 percent co-insurance rate, and there was no cap on out-of-pocket medical expenditures.
Review and electronically pay co-insurance, co-payments and self-payment balances
The biggest change proposed is the creation of "independence accounts," a form of health savings accounts, for some participants to help cover co-payments, co-insurance and deductibles.