asituationin which two or moreinsurancecompaniesshareariskin the US, asystemofhealthinsurancein which thepatientpaysapercentageof thecostoftheirtreatment:We've alsoseenemployersmovingaway from copayment to coinsuranceplans.
co-insurer
noun[C](alsocoinsurer)(Definition ofco-insurancefrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofco-insurance
co-insuranceFor the elderly, the flat rate gradually increased, and in 2003, changed to an across-the-board 10%co-insurancerate.From theCambridge English CorpusIt also creates an exemption to make possibleco-insurance, common coverage of certain risks and, finally, the coordination of technical specifications for safety equipment and procedures.FromEuroparl Parallel Corpus - EnglishPolicies may also includeco-insuranceclause or deductibles provisions which will impact the actual cash paid out by the insurance company.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Often, there are no insurance co-pays, deductibles orco-insurancefees thus avoiding the overhead and complexity of maintaining relationships with insurers.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Members then faced the complexity inherent in comparing the limits, exclusions, co-payments,co-insurance percentages, and annual and other deductibles of the various new options with those of the old plans.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/co-insurance##
