Coinsurance
Costs & CoverageThe percentage of costs you pay for a covered health care service after you have paid your deductible. For example, under Original Medicare Part B, you pay 20% of the Medicare-approved amount for most doctor services.
Terms starting with "C" — 3 terms
C
Copay (Copayment)
Costs & CoverageA fixed dollar amount you pay for a covered health care service at the time of service. For example, a $20 copay for each doctor's visit. The amount can vary by the type of service and whether you are in-network.
Also known as: Copayment, Fixed cost share
Cost-sharing
Costs & CoverageThe share of costs covered by your insurance that you pay out of your own pocket. This term generally includes deductibles, coinsurance, and copays — but not premiums.