What is Co-insurance (rate) - Meaning and definition

Co-insurance (rate)

Cost-sharing in the form of a set proportion of the cost of a service.
The patient pays a fixed proportion of the cost of a service, with a third party paying the remaining proportion.

World Health Organization. European Observatory on Health Systems and Policies. Glossary. 2009.

A form of medical cost sharing in a health insurance plan requiring that an insured person pays a stated percentage of medical expenses after the deductible amount, if any, was paid.

United States Bureau of Labour Statistics. Health terms. Accessed on October 26, 2012.

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Co-insurance (rate) (n.d.) In Pallipedia. Houston: IAHPC. Retrieved from https://pallipedia.org/co-insurance-rate/. Accessed on

Co-insurance (rate)

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