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Coinsurance

Definition

The percentage of costs of a covered health care service you pay (20%, for example) after you've paid your deductible.

If you have met your deductible and coinsurance is 20%, the insurance pays 80%.

This software is for simulation and planning purposes only. Outputs are estimates based on your inputs and do not constitute professional financial, legal, or tax advice. Always consult a qualified advisor before making business decisions.