GLOSSARY
This Insurance Glossary of Terms is produced and maintained by the National Alliance Research Academy. 
If you have a comment, suggestion or question please contact us at glossary@scic.com

Coinsurance; Health

A form of cost sharing between the insured and the insurer. The insured is responsible for a stated percentage amount of eligible expenses, after satisfying his or her deductible.

Do you need an answer immediately?

Check out our FAQ page!

Approved for 1 Hour of State Reported CE Credit in AR, AZ, CO, DE, FL, GA, IL, IN, KS, MA, NC, NE, NJ, OK, SC, TN, TX, and UT.