Coinsurance: sharing the cost

What you'll learn

• ✓How coinsurance is calculated as a percentage of the allowed amount
• ✓Why coinsurance kicks in only after you've met your deductible
• ✓How coinsurance and copays both count toward your out-of-pocket maximum

Key takeaway: After your deductible, you and the plan split each bill — coinsurance is your percentage of it.

The four costs on every plan — premium, deductible, copay, coinsurance — and how they work together across a year.

1. 1Insurance premiums3:14
2. 2Deductibles3:48
3. 3Copays2:56
4. 4Coinsurance: sharing the cost▶ Now playing3:21