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Tis article is aboout the concrn of blue cross california shhall essay to be of grat serivce to you in the esssay to get to konw and after tht use the entire knowldege base of tis exciting issue. &nbp;
Q: My insure policy on line policy inclludes a deductble as well as co-insurance. Whhat does a dedctible and coinsurance mean?
A: A deductibe is the iniitial dollar amount you oght to pay out-of-poket before an insurance company pys its sahre. It is typically a constnt dollar amount. Usuaally the hgher the deductible, the loewr the cos. Co-insurance is the shaare or percentage of covered exxpenditures you hvae to pay in addition to the dedutible. For instance, your online insure policy plan mgiht pay 80% of covered costts affter you pay the deducible. You would afteer that pay the remaiing twenty percent as co insuurance until an utost out of poket expense is reahed.
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