Before you sign that next health insurance contract, take a moment to grasp one of the most baffling terms: coinsurance. It has a direct bearing on how much you will pay out of your own pocket once your insurer pays their portion.
In our newest blog post, we break down the coinsurance meaning and demonstrate how it can either save or sink your budget during a medical crisis. Understanding this one notion may save you a grand—or prevent you from selecting a seemingly affordable plan that ends up costing you more over time.