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Related to coinsurance: Coinsurance effect


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.


(ˌkəʊɪnˈʃʊərəns; -ˈʃɔː-)
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


(ˌkoʊ ɪnˈʃʊər əns, -ˈʃɜr-)

1. insurance underwritten jointly with another insurer.
2. property insurance in which liability is assumed only for a specified percentage of the property value.
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


[ˌkəʊɪnˈʃʊərəns] Ncoaseguro m, seguro m copartícipe
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References in periodicals archive ?
Reminds insureds to add extra expense limits and extended business income limits, if purchased, to the business income coinsurance requirement.
They would pay coinsurance of 15% up to $3,600 and then copays of $2 (generic) and $5 (brand name).
However, if you don't use your primary gatekeeper, you can expect to receive a reduced reimbursement that is subject to a deductible and coinsurance.
Under Part A (hospital insurance), there is no coinsurance for the first 60 days of inpatient hospital care; from the 61st-90th day of inpatient care, the daily coinsurance amount is equal to one-fourth of the inpatient hospital deductible.
When you have Medicare Part B and you get your flu shot from a Medicare provider, you pay no "coinsurance or deductible." Also, if the person giving the shot agrees not to charge more than the amount Medicare pays, you pay nothing.
Careful inspection of the incomplete insurance market literature reveals the lack of an appropriate definition for "full insurance coverage." In general, when an uninsurable risk exists, a coinsurance rate of 1 on the insurable risk does not eliminate all risk from the individual.
Contrary to what your friends have told you, coinsurance is not a bad thing.
MHPAEA prohibited employer groups offering BH coverage from separately accumulating (deductibles, out-of-pocket maximums) or applying more restrictive financial requirements (e.g., coinsurance, copayments) or quantitative treatment limits (e.g., number of visits or days) than the "predominant" requirements/limits applying to "substantially all" medical/surgical benefits (Buchmueller et al.
"Even when employers have a major medical plan, it can be tough for employees to meet their deductible, copay or coinsurance requirements.
For infliximab-dyyb, plans universally required coinsurance cost-sharing; coinsurance rates were similar to infliximab (26.6 versus 28.4 percent of drug cost, respectively).
As part of the approval, the board approved coinsurance rates and caps for the reinsurance programbut did not yet set an attachment point.
Waiving coinsurance for Medicare beneficiaries who have a screening colonoscopy when it results in a polyp removal or follows a positive fecal screening test would likely have a favorable balance of health and cost impact.