Learn how a waiver of coinsurance clause in insurance policies can eliminate part of your claim payment obligation under some conditions, and understand its implications.

Coinsurance is the portion of a medical bill you pay after meeting your deductible. It’s a cost-sharing arrangement between you and your insurance company — they cover a percentage of the expense and ...

Current law allows younger people to stay on their parent's plan until they turn 26. And that leaves a lot of them scratching their heads while reviewing their health care options after blowing out ...

Lena Muhtadi Borrelli is a seasoned insurance writer with several years of experience writing as an authority for respected financial sites such as Forbes, Time, Newsweek, Bankrate, CNET, Investopedia ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. MoMo Productions / Getty Images The coinsurance formula is the homeowners insurance formula ...

Copayment is a set amount people pay when they make a doctor’s visit or fill a prescription. Whereas, coinsurance is a percentage that people pay for medical costs after reaching their deductible.

The public perception is that the unpopular business practices of commercial insurers are driven solely by corporate greed. However, complex changes in the dynamics of the health care market are a ...