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Posts Tagged ‘deductible vs coinsurance’

What’s the difference between insurance deductible, coinsurance, and copay?

June 4th, 2011 by ahoontrakul

Many people are confused about the differences between an insurance deductible, co-pay and coinsurance. What are they and how do they differ from each other? In short, all three represent the portion of the medical bill that you are responsible for in case you get sick or injured – otherwise known as out-of-pocket expenses. However, […]

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