A percentage of a health care cost—such as 20%—that a covered employee pays after meeting the deductible. Coinsurance rates may differ between services received from an approved provider and those received from providers not on the approved list.
A percentage of a health care cost—such as 20%—that a covered employee pays after meeting the deductible. Coinsurance rates may differ between services received from an approved provider and those received from providers not on the approved list.