Outrageously Funny Word Dictionary :: Coinsures

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What is the definition of coinsures? 🙋

👉 Coinsurance is a concept in healthcare insurance that refers to the percentage of premium paid by an insured person for medical services provided by a third party, such as a hospital or doctor. The goal of coinsurance is to ensure that the cost of medical care does not exceed the amount covered under the policy, and it can be used to incentivize patients to choose to receive medical treatment from a particular provider rather than purchasing their own insurance coverage. The term "coinsurance" has been used in various healthcare


coinsures

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