Frequently Asked Questions

How does coinsurance work?

With coinsurance, you agree to pay a certain percentage of your entire healthcare bill. For instance, if you choose a health plan with a 10% coinsurance requirement, a $1000 medical bill would require you to pay $100 and your insurance company $900. The amount you pay would not include any co-payments or deductibles you may be required to pay according to other sections of your insurance agreement. Generally, the more co-insurance you're willing to pay, the lower your monthly premiums will be.

« Back to questions