What is Coinsurance?

[@ronicaferreira2154]

FINALLY!!! A video that explains it clearly. Thank you!!!!

[@MadSocial]

I agree! Best explanation ever.

[@VivekKumar-zh4xm]

Exactly

[@mansoorali4885]

Same here

[@Swarrenii]

Jesus... it's about time. Been trying to figure this crap out forever. THANK YOU!!!

[@allie_graham]

I couldn’t be more grateful for a video, it finally all makes sense!!!

[@danie4819]

This explains better than work

[@vn4534]

Could you please explain difference between paid amount, allowed amount, contractual adjustment and billed amount?

[@yoyotototo3210]

short and good video

[@tasha9650]

I'm a health concierge so benefits is my thing... this is very helpful.

[@runhitwonder110]

$500 deductible, 80/20 and a $1500 max out of pocket? HAHA and your monthly premium is $2000

[@omarvelazquez407]

B Hurk I remember the good old days before the ACA this plan here would of cost $115 a month.

[@munktayl0rd]

@@omarvelazquez407 thats not true at all, especially for people who pay for their own insurance.

[@flawanakorn5198]

Thanks for video . You make it easy to understand.

[@thomashollandfan1849]

thank you so much for this video. i was doing my open enrollment for work and didn't understand what coinsurance meant.

[@VivekKumar-zh4xm]

I think it is the best explanation

[@Reppin920]

Thank goodness I came across to this.

[@lemanleygishie6185]

Okay...so in the example...after breaking my arm 6 more times, finally insurance will pay 100% of the health bills?

[@arsaurabh6044]

Beautifully exaplianed. Thank you!

[@zuutlmna]

So why am I not finding coinsurance plans for my dental coverage? The dental clinic asks "What is your coinsurance?" And in fact, I had never even heard the term (I'm age 70 and have been insured all my life, dealt with lots of ins. companies etc.)! Sounds like a new linguistic flimflam to me.. I see there's a company with dental coinsurance plans for employer/employee groups. Last visit, I had to pay quite a sum, since I had no coinsurance, was clueless about it.. The plan said I would only pay $80.00, for a $1,600.00 root canal procedure. But because I had no coinsurance, I was still billed over $800.00! Would've been nice to have known beforehand!!

[@lauryncraig1474]

Thanks so much! 😀

[@starrychloe]

I wonder if there is a plan with straight co-insurance without a deductible?

[@Cowboy_one]

There is, it’s simply a plan with no deductible. Just keep in mind the medical plan will cost more than a medical plan with a deductible. I’m an insurance broker. I worked many years for Anthem Blue Cross. Now I work for a privately owned Insurance Brokerage in CA.

[@nastarannazari5062]

what is the music background for?!!!!!

[@mellaoct]

Thank you! Very helpful

[@ronwilliam2288]

Great you made it clear.

[@natalierind17]

I finally get it!! Thank you!

[@vn4534]

Good explained

[@iSupermanCKi]

I'm moving to Canada. 🇨🇦

[@kari548]

I was saying coin-surance the whole time till now

[@19powpow91]

LOL

[@santoshthapa8398]

is this the same as copay?

[@ronielverdadero2375]

copay is the amount of money you pay everytime you see a physician

[@rexlupusetxe8367]

Great video. It[s just the music I dont like.

[@sunmarsh]

You really think an x-ray and cast are $750? What do you think this is, an expensive, private hospital in a third world country? This is the USA, that'll be several thousand dollars, and god forbid you went to the ER.

[@Simbamon_der_echte]

Or call an ambulance and the ambulace company isnt in your insurence plan. 😂

[@jamiec2852]

The “insurance” being a white man is fitting 😅

[@kadieel7447]

Then why the fuck wouldn't they just include it in my deductible?????????

[@TheGuy..]

Playing music while the explanation is being made is annoying. Understanding the Medicare alphabet soup is hard enough without the annoyance.