coinsurance
[/koʊɪnˈʃʊrəns/]
nounpl: coinsurances
cosseguro
1. An insurance arrangement in which the insured person shares a percentage of the costs of medical care or other covered services with the insurance company after the deductible has been met
Under this health plan, coinsurance is set at 20%, meaning you pay 20% of covered services after meeting your deductible.
Sob este plano de saúde, o cosseguro é fixado em 20%, o que significa que você paga 20% dos serviços cobertos após cumprir sua franquia.
2. An arrangement where two or more insurance companies jointly underwrite and share the risk of a large insurance policy
The major hurricane damage claim was handled through coinsurance, with three companies splitting the liability.
A grande indenização por danos de furacão foi processada por cosseguro, com três empresas dividindo a responsabilidade.
Coinsurance is a fundamental concept in the American healthcare system, where patients typically pay a percentage of medical costs after meeting their deductible. In Brazil, while the term 'cosseguro' exists, the healthcare system differs significantly, with private insurance and public health (SUS) operating under different cost-sharing models.
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