Not all health insurance plans have copays and coinsurance. Some healthcare plans might not require customers to pay a copay for certain medical services, although these plans will typically come with higher premiums. On the other end, a catastrophic health plan with a very high deductible might...
Some health insurance policies are 80/20 plans, meaning that the insured is responsible for 20% of medical costs, while the insurance company coughs up the remaining 80%—provided the client paid thedeductible. In the rare scenario that a waiver of coinsurance clause is applied, it would elimi...
Meaning These findings suggest that the current rebate system places additional burden on patients exposed to list price–based coinsurance, particularly in competitive classes. Abstract Importance Prior research has documented the increase in prescription drug rebates and the coincident increase in out-of...