Deductibles and Coinsurance

**Definition:** Cost-sharing mechanisms that provide for payment by the insured of some portion of covered expenses. Deductibles are the amounts paid by the insured under a health insurance contract before benefits become payable; coinsurance is the provision under which the insured pays part of the medical bill, usually according to a fixed percentage, when benefits become payable.

**Tree numbers:** - N03.219.151.170.300 - N03.219.521.576.090.300

**Synonyms:** - Coinsurance and Deductibles