Understanding Co-Insurance

Co-Insurance: Covering Your Costs
When it comes to covering your medical costs, there's a lot to learn. For example: What's the difference between a deductible and a copayment? And what about co-insurance?

Co-insurance simply means the percentage of the costs you are required to pay for a medical claim, outside of your copayment or deductible. For example, if your plan has a 20 percent co-insurance requirement and you get a $100 medical bill, you would pay $20. The health plan would pay the remaining $80.

Some of our plans offer lower co-insurance when you choose in-network providers. Check your plan summary for specifics about your co-insurance.