Posted by: Altura Benefits in

The percentage of costs (30%, for example) of a covered health care service you will pay after you’ve paid your deductible.

Let’s say your health insurance plan’s allowed amount for a diagnostic test is $100 and your coinsurance is 30%.

If you’ve paid your deductible: You pay 30% of $100, or $30. The insurance company pays the rest.

If you haven’t met your deductible: You pay the full allowed amount, $100, and you receive a $100 credit towards meeting your deductible.