healthcare coinsurance

Coinsurance is the percentage of your medical bill you pay after you’ve met your deductible. You may pay 0%, 10%,  20% or more depending on your plan and whether you have in/out of network rules.  Example:  If you have an 80/20 plan, it means your insurance pays for 80 percent of your costs after you’ve met your deductible and you pay for 20 percent. You’d pay 100% of costs until you meet your $1,000 deductible, and then 20% of costs after that.