Coinsurance |
| Some types of health insurance requires the insured to pay a portion of medical expenses beyond the deductible. A typical arrangement is a 20-80 policy: When the insured makes a claim for qualifying medical expenses and he has met his deductible, he is responsible to pay for 20% of the total bill while the insurance company covers the remaining 80%. |
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MortGage Glossary And Calculator |
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Financial Glossary |