Coinsurance is the arrangement between the insured individual and the insurance company where the insured is expected to pay a percentage of expenses. Coinsurance can cover dentist visits, certain procedures, and medications.
What's the difference between copay and coinsurance?
Copay and coinsurance are similar, but copay requires a flat-rate fee instead of a percentage for payment.
Coinsurance only applies after the deductible is met. The deductible varies according to your dental insurance plan. Check your plan for more details.Browse Full Glossary