Coinsurance in a sentence
(1) The coinsurance rate for my plan is 20%.
(2) I wish my plan had a lower coinsurance rate.
(3) My mom explained to me what coinsurance means.
(4) My grandma has coinsurance on her Medicare plan.
(5) My aunt has coinsurance on her pet insurance plan.
(6) My coinsurance payment was higher than I expected.
(7) My insurance plan has a 20% coinsurance requirement.
(8) My dad has coinsurance on his health insurance plan.
(9) I had to pay coinsurance for my recent hospital stay.
(10) I learned about coinsurance in my health class at school.
Coinsurance sentence
(11) Coinsurance is a common feature in health insurance plans.
(12) I have to pay a coinsurance amount for each hospital stay.
(13) I'm glad my plan covers preventive care without coinsurance.
(14) I asked my doctor about coinsurance and he explained it to me.
(15) I have to pay a coinsurance percentage for my medical expenses.
(16) The coinsurance amount varies depending on the insurance policy.
(17) I always review my coinsurance payment before submitting a claim.
(18) The coinsurance amount for emergency room visits is usually higher.
(19) I asked my mom if we have coinsurance on our dental insurance plan.
(20) The coinsurance amount is applied after the deductible has been met.
Coinsurance make sentence
(21) Coinsurance can help prevent overutilization of healthcare services.
(22) When you have coinsurance, you pay a percentage of the medical bill.
(23) My mom and dad both have coinsurance on their health insurance plans.
(24) My mom and dad both have coinsurance on their car insurance policies.
(25) I always ask about coinsurance before agreeing to medical procedures.
(26) I need to check if my coinsurance applies to prescription medications.
(27) I need to review my policy to understand the coinsurance terms better.
(28) I need to check if my coinsurance applies to laboratory tests as well.
(29) My dad was glad to have coinsurance when he had to go to the hospital.
(30) I always review my coinsurance payment before paying my medical bills.
Sentence of coinsurance
(31) Coinsurance can be a significant financial burden for some individuals.
(32) I'm grateful for my plan's low coinsurance rate for prescription drugs.
(33) I have to pay my coinsurance amount directly to the healthcare provider.
(34) Understanding coinsurance is important for managing healthcare expenses.
(35) My coinsurance payment for physical therapy was more than I anticipated.
(36) I wish my plan had a coinsurance cap to limit my out-of-pocket expenses.
(37) The coinsurance provision in my policy has a maximum out-of-pocket limit.
(38) The coinsurance percentage may increase for certain high-cost treatments.
(39) I learned about coinsurance when I had to go to the doctor for a check-up.
(40) I always check my coinsurance rate before scheduling medical appointments.
Coinsurance meaningful sentence
(41) The coinsurance rate for specialist visits is higher than for primary care.
(42) Coinsurance can help reduce the overall cost of healthcare for the insured.
(43) Coinsurance can be a significant expense for those with chronic conditions.
(44) I'm grateful for my plan's coinsurance waiver for certain medical services.
(45) I wish my plan had a coinsurance calculator to help me estimate my expenses.
(46) The coinsurance percentage may vary depending on the type of service received.
(47) Coinsurance can be a surprise expense for those with unexpected medical needs.
(48) Coinsurance can be a complex concept to understand for insurance policyholders.
(49) The coinsurance rate for preventive care is often waived by insurance companies.
(50) I need to calculate my coinsurance amount before scheduling a medical procedure.
Coinsurance sentence examples
(51) Coinsurance can help individuals manage their healthcare costs more effectively.
(52) Coinsurance can be a source of frustration for those with complex medical needs.
(53) I was happy to learn that my family has coinsurance on our health insurance plan.
(54) Understanding the coinsurance provision is essential to avoid unexpected expenses.
(55) My teacher explained coinsurance to our class during a lesson on health insurance.
(56) The coinsurance requirement may differ for in-network and out-of-network providers.
(57) I need to review my policy to see if coinsurance applies to out-of-pocket expenses.
(58) Coinsurance is when you and your insurance company share the cost of medical bills.
(59) Coinsurance can help you avoid financial stress when you have medical bills to pay.
(60) Coinsurance is a way to share the cost of medical bills with your insurance company.
Sentence with coinsurance
(61) I was surprised to learn that coinsurance can apply to more than just medical bills.
(62) I always check my plan's coinsurance rate before seeking medical care out-of-network.
(63) Coinsurance helps to share the cost of healthcare between the insurer and the insured.
(64) Coinsurance is a way to share the risk of medical expenses with your insurance company.
(65) The coinsurance rate for durable medical equipment may be lower than for other services.
(66) The coinsurance provision is an important factor to consider when choosing an insurance plan.
(67) The coinsurance amount for mental health services may be different from other medical services.
(68) The coinsurance provision is designed to encourage cost-sharing between the insurer and the insured.
(69) Although the coinsurance rate was high, the policyholder was relieved to have coverage for their medical expenses.
(70) Even though Medicare covers hospital stays, patients may still be responsible for paying a deductible and coinsurance.
Use coinsurance in a sentence
(71) The coinsurance provision in the policy allowed the insurance company to share the financial risk with the policyholder.
(72) The policyholder was grateful for the coinsurance clause, which helped to offset the high cost of their medical treatment.
(73) The insurance company denied the claim due to the policyholder's failure to pay the coinsurance amount required by the policy.
(74) The insurance company required a coinsurance payment of 20%, which the policyholder found to be a significant financial burden.
(75) The coinsurance provision in the policy was designed to encourage policyholders to seek cost-effective medical treatment options.
(76) She chose a plan with a lower deductible and higher coinsurance, so she wouldn't have to pay as much for ongoing medical treatment.
(77) The coinsurance rate was negotiable, and the policyholder was able to work with the insurance company to find a more affordable option.
(78) Although Medicare covers most preventive services, such as mammograms and flu shots, patients may still have to pay a copay or coinsurance.
(79) The coinsurance clause was a key factor in the policyholder's decision to choose a higher deductible in exchange for lower monthly premiums.
(80) After the deductible was met, the coinsurance clause kicked in and the policyholder was responsible for a portion of the remaining medical costs.
Sentence using coinsurance
(81) Group insurance policies may have different copayments and coinsurance amounts for different services, such as emergency room visits or specialist care.
(82) The homeowner was relieved to have coinsurance coverage for their expensive jewelry collection, as it provided additional protection against theft or damage.
(83) The policyholder was surprised to learn that their coinsurance rate would increase if they chose to receive medical treatment from an out-of-network provider.
(84) Although the coinsurance clause was a common feature in most insurance policies, the policyholder was confused about how it worked and asked their agent for clarification.
(85) The policyholder was frustrated to learn that their coinsurance rate had increased due to a recent claim, and they decided to shop around for a new insurance policy with better terms.
(86) Despite the high coinsurance rate, the policyholder decided to opt for a lower deductible, as they preferred to pay a smaller upfront cost and share the risk with their insurance company.
(87) Although the coinsurance rate was high, the policyholder was relieved to have coverage for the expensive medical procedure, and they were able to split the cost with their insurance company.
(88) The homeowner was surprised to learn that their insurance policy had a coinsurance penalty for underinsuring their property, and they quickly increased their coverage to avoid any potential losses.
(89) The insurance agent explained that the coinsurance clause would require the policyholder to pay a percentage of the total cost, but the maximum out-of-pocket limit would protect them from excessive expenses.
(90) After the car accident, the driver was grateful for their comprehensive insurance policy, which included coinsurance for both property damage and bodily injury, and they were able to receive the necessary medical treatment without worrying about the cost.
Coinsurance meaning
Coinsurance is a term that is commonly used in the insurance industry. It refers to the sharing of risk between an insurance company and the policyholder. In other words, coinsurance is the percentage of the cost of a covered service that a policyholder is responsible for paying after the deductible has been met. If you are new to the world of insurance, understanding coinsurance can be a bit confusing. However, with a little bit of knowledge and some helpful tips, you can easily navigate this aspect of your insurance policy. Tip #
1. Know Your Coinsurance Percentage The first tip for using the term coinsurance in a sentence is to understand your coinsurance percentage. This is the percentage of the cost of a covered service that you are responsible for paying after your deductible has been met.
For example, if your coinsurance percentage is 20%, and the cost of a covered service is $1000, you would be responsible for paying $200 (20% of $1000) after your deductible has been met. Tip #
2. Understand Your Deductible Another important aspect of coinsurance is your deductible. This is the amount of money that you are responsible for paying before your insurance coverage kicks in.
For example, if your deductible is $500, and the cost of a covered service is $1000, you would be responsible for paying $500 before your insurance coverage would begin. Tip #
3. Know Your Out-of-Pocket Maximum In addition to your coinsurance percentage and deductible, it is also important to understand your out-of-pocket maximum. This is the maximum amount of money that you will be responsible for paying for covered services in a given year. Once you reach your out-of-pocket maximum, your insurance company will cover the remaining costs of covered services. Tip #
4. Use Coinsurance in a Sentence Now that you understand the basics of coinsurance, it's time to use it in a sentence. Here are a few examples: - "My coinsurance percentage is 20%, so I will be responsible for paying $200 for this covered service." - "I have already met my deductible, so now I only have to pay my coinsurance percentage for this covered service." - "I have reached my out-of-pocket maximum for the year, so my insurance company will cover the remaining costs of this covered service."
In conclusion, coinsurance is an important aspect of insurance that can be a bit confusing at first. However, by understanding your coinsurance percentage, deductible, and out-of-pocket maximum, you can easily navigate this aspect of your insurance policy. So the next time you hear the term coinsurance, you'll know exactly what it means and how to use it in a sentence.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Coinsurance. They do not represent the opinions of TranslateEN.com.