0 a situation in which two or more insurance companies share a risk
1 in the US, a system of health insurance in which the patient pays a percentage of the cost of their treatment:
For the elderly, the flat rate gradually increased, and in 2003, changed to an across-the-board 10% co-insurance rate.
It also creates an exemption to make possible co-insurance, common coverage of certain risks and, finally, the coordination of technical specifications for safety equipment and procedures.
Policies may also include co-insurance clause or deductibles provisions which will impact the actual cash paid out by the insurance company.
Often, there are no insurance co-pays, deductibles or co-insurance fees thus avoiding the overhead and complexity of maintaining relationships with insurers.
Members then faced the complexity inherent in comparing the limits, exclusions, co-payments, co-insurance percentages, and annual and other deductibles of the various new options with those of the old plans.
