Looking for a Health Insurance Quote?

Get a free quote in under 5 minutes with our online form!

GET A QUOTE

Back
Glossary > Coinsurance

Coinsurance

Coinsurance Definition

Coinsurance refers to the cost you are responsible for paying on a claim and is a form of cost sharing between you and your health insurer. Coinsurance rates are typically outlined in your policy, and will usually be a percentage rather than a fixe price.