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What is the meaning of co insurance? |
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Home - Consumer Resources - FAQs - FAQs on Health Insurance - What is the meaning of co insurance? |
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What is the meaning of co insurance? |
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Co insurance is a term you will face very frequently regarding insurance. It is a certain percentage of the costs that you have to pay. The most common percentage of co insurance the company expects you to pay is 20% of the total costs incurred. The rest i.e. 80% is paid by the company. |
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