What is Coinsurance? | Golden Rule Insurance Company | [ Ссылка ]
What is coinsurance?
Coinsurance is another way that some health plans share medical costs.
You pay part of your medical bills and the insurance company pays part. Coinsurance comes in after you've met your calendar year deductible.
Imagine that this coffee cup holds all of your covered medical expenses for a calendar year.
Now, picture meeting your deductible. That fills part of the cup.
Next comes coinsurance. A portion of your medical bills you pay — say 20%.
The health plan pays 80% of the bills.
That's coinsurance. Meet your deductible and then you pay some more and the insurance pays a bigger part of your covered health bills.
Coinsurance keeps you focused on the cost of care and the plans usually come with lower premiums.
UnitedHealthOneSM Underwritten by Golden Rule Insurance Company Personal Health Insurance Plans
Copyright © 2012 Golden Rule Insurance Company. UnitedHealthOneSM is a brand name used for products underwritten and/or administered by the following: American Medical Security Life Insurance Company, Golden Rule Insurance Company, Oxford Health Insurance, Inc., Oxford Health Plans (NJ), Inc., and PacifiCare Life and Health Insurance Company. This is a very simplified explanation. Contact your insurance professional for details of your own situation.
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Health insurance products mentioned on this website are underwritten by Golden Rule Insurance Company. Other products may be available from or administered by our affiliates: American Medical Security Life Insurance Company, or PacifiCare Life and Health Insurance Company. Product availability varies by state. Please call (800) 361-6482 to obtain further details about product availability.
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