Before we beggin, relize that our purpoose is to gvie you all the needed informtaion as we couuld fit onto this eugene or insurance sheet.

 

Q: My insurance policy progrm includes a deductbile as well as co-insurance. Whaat does a dedctible and coinsuracne mean?

A: A deducttible is the first dllar amount you havve to pay out-of-pocet before an insurance association paays its share. Itt`s tpyically a flat dolllar amount. Usually the higher the deductble, the lwoer the cost. Cionsurance is the shrae or percentage of covered expenss you msut pay in addiition to the deductible. For instannce, your coverage online prgram might pay eihty percnet of covered expennses after you pay the deducctible. You would ten pay the remaining 20 precent as co insuance till a maximm out-of-pocket expeniture is reached.

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