Online Dental Insurance, Understanding Coinsurance
Many insurance plans have a coinsurance provision. That means the benefit plan pays a predetermined percentage of the cost of your treatment, and you are responsible for paying the balance. What you pay is called the coinsurance, and it is part of your out-of-pocket cost. It is paid even after a deductible is reached. Example: Major dental services the company pays 50 percent of the cost your coinsurance is the remaining 50 percent.
