Cost sharing definition
Examples of Cost sharing in a sentence
Other Outpatient --------none-------- Inpatient services 0% coinsurance 20% coinsurance --------none-------- If you are pregnant Office visits No charge 20% coinsurance Cost sharing does not apply for preventive services.
Other Outpatient --------none-------- Inpatient services $200/admission up to $600 maximum/benefit period 20% coinsurance --------none-------- If you are pregnant Office visits No charge 20% coinsurance Cost sharing does not apply for preventive services.
Cost sharing means any copayment, coinsurance, deductible or any other form of financial obligation of an enrollee other than a premium or a share of a premium, or any combination of any of these financial obligations.
Cost sharing is eliminated for all professional and ancillary services for the treatment, rehabilitation, prevention, and identification of mental illnesses, substance use disorders, and trauma spectrum disorders.
Cost sharing Copayments at the applicable Tier Copayment and certain drugs may not be purchased by mail order, such as Self-Administered Specialty Pharmaceuticals.