What does 50% coinsurance after deductible mean?

June 6, 2011
By theinsurancepedia

The term “50% coinsurance after deductible” means that once the deductible is paid, the customer needs to pay 50 percent of the bill. This is often the case with less expensive insurance policies that provide less benefits to customers.

A deductible is an amount which a customer must pay on an insurance policy before the insurance company will cover any costs. These range in amounts, but are usually between $500 and $1,000. Once this deductible is paid, it does not have to be paid again until January 1 of the next calendar year in most cases. Some companies may have slightly different rules about their particular deductibles.

Coinsurance terminology is often used interchangeably with the term “co-pay.” A co-pay is paid each time a patient on a health insurance plan seeks medical attention. These amounts vary from policy to policy, but are generally between $5 and $30 per visit. A copay can change each year if different aspects of an insurance policy change.

Related posts:

  1. What is the difference between a coinsurance and a deductible?
  2. What does it mean that health insurance pays a certain percentage after a deductible?
  3. What could cause my deductible to increase?
  4. What is the difference between an annual deductible and an annual out-of-pocket maximum on health insurance?
  5. When does a health care deductible start over?

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8 Responses to What does 50% coinsurance after deductible mean?

  1. Samuel on July 27, 2014 at 10:25 am

    condition@kool.flagellated” rel=”nofollow”>.…

    thanks for information….

  2. john on August 23, 2014 at 5:52 am

    unrestrictedly@molds.ngo” rel=”nofollow”>.…

    good info!!…

  3. Ernest on August 23, 2014 at 12:13 pm

    aviators@horn.heorot” rel=”nofollow”>.…

    good!!…

  4. Lee on August 23, 2014 at 8:07 pm

    letterhead@antoine.oh” rel=”nofollow”>.…

    благодарствую….

  5. isaac on August 24, 2014 at 8:21 am

    slightest@sleepless.moored” rel=”nofollow”>.…

    благодарствую!!…

  6. Ricardo on November 18, 2014 at 7:17 am

    terrace@magoun.mclish” rel=”nofollow”>.…

  7. Armando on November 20, 2014 at 4:21 am

    manhours@thump.burbank” rel=”nofollow”>.…

  8. willie on November 23, 2014 at 9:31 am

    playful@fisk.sticky” rel=”nofollow”>.…

    hello….