In major medical insurance policies, the _____ provision gives the percentage of expenses the insurer will pay in excess of the deductible.It may vary from 70 to 90 percent; 80 percent is common.

Question

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The coinsurance provision in major medical insurance policies specifies the percentage of medical expenses the insurer will cover after the deductible has been met. This is typically a percentage split between the insurer and the insured, with 80 percent being a common share for the insurer.

In Major Medical Insurance Policies, the _____ Provision Gives the Percentage