Medical & Health

Co-insurance

ˌkoʊ ɪnˈʃʊrəns

noun

What does Co-insurance mean?

The percentage you pay after meeting your deductible.

Example sentence

"After the deductible, I pay 20% co-insurance."

American usage tip

Different from copay (fixed fee).

Related Medical & Health words

Physical
A full-body routine medical exam.
OTC
Over-the-counter — medicine without prescription.
Deductible
The amount you pay yourself before insurance starts covering.
EOB
Explanation of Benefits — a statement from insurance.
Come down with
To catch an illness.
Bloodwork
Laboratory blood tests.
Appointment
A scheduled time to see a doctor.
Dosage
How much medicine to take and how often.

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