Understanding Cost Sharing: Deductibles, Copayments & Coinsurance
All health insurance requires consumers to pay some of the cost of covered health care services. This is called “cost sharing” or “out-of-pocket” costs. Cost sharing varies with different types of health plans, but most will have a copayment, coinsurance or deductible amount. Cost Sharing Requirements Your plan may require you to pay before the plan begins […]