If an insurance policy covers 90 percent of your total medical bills,the remaining 10 percent that you must pay is your

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Coinsurance is the percentage of the total medical bill that the patient is responsible for paying after the deductible is met. In this scenario, the insurance policy covers 90% of the total medical bills and the remaining 10% is the coinsurance amount that the patient is responsible for paying. Copayment is a fixed amount that the patient pays at the time of service, deductible is the amount that must be paid out-of-pocket before the insurance coverage begins, and premium is the regular payment made to the insurance company to maintain the policy.

If an Insurance Policy Covers 90 Percent of Your Total