Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.
Co-insurance means the percentage of each insured loss that is not indemnified by the insurer but is borne by another insurer;
Examples of Co-insurance in a sentence
Frequency Examination: Once every 12 months Frames: Once every 12 months Lenses or Contact Lenses: Once every 12 months Out-Of-Network Services Out-of-Network Deductibles, Co-Insurance and Out-of-Pocket Maximums Reimbursed at the fee schedule for eligible hospital and medical services.
More Definitions of Co-insurance
Co-insurance. Percentage based participation of the beneficiary on each loss or portion of the cost of receiving a service.
Co-insurance means the portion of the carrier's allowable charge for the covered item or service which is not paid by the carrier and for which the enrollee is responsible.
Co-insurance means an amount that a Medicare beneficiary pays to a provider for furnishing medical or allied care, goods, or services.
Co-insurance means the percentage of the payment for Covered Services for which the Member is responsible under the applicable Health Benefits Plan, after the Deductible is satisfied.
Co-insurance means the percentage by which the employees and the employer share in the amount of eligible expenses;
Co-insurance means that percentage of a covered charge that is payable by You.