What Is Coinsurance?

What Is Coinsurance? from WEA Trust

By: WEA Trust  09/11/2015
Keywords: Insurance, Health Insurance, Health Coverage

Coinsurance means you and your insurance company share the cost of covered medical expenses after the deductible (link) has been met. Coinsurance is expressed as a percentage. For example, if you have 10% coinsurance, it means your insurance plan would pay 90% of a covered medical expense and you would pay 10% of the same expense. Read more here: https://www.weatrust.com/MemberPlans/HealthInsurance101/Whatiscoinsurance.aspx

Keywords: Health Coverage, Health Insurance, Insurance

Other news and updates from WEA Trust

Workplace Wellness Programs Measure Up from WEA Trust thumbnail
09/11/2015

Workplace Wellness Programs Measure Up

Workplace wellness programs are increasingly popular methods to keep employees healthy and shape their behavior. Chances are you're doing something with wellness, but how does that compare with what other employers are doing?


On-Site Clinics Save Employers Money from WEA Trust thumbnail
09/11/2015

On-Site Clinics Save Employers Money

According to local benchmarking data, employees who use on-site clinics only miss around 25 minutes of work for a routine checkup.