Coinsurance

ahd-5
  • noun. Insurance held jointly by two or more insurers.
  • noun. A form of insurance in which a person insures property for less than its full value and agrees to be responsible for the difference.
  • noun. A sum of money paid by a patient to a health care provider after a health insurance company has paid a contractual amount for a covered service, usually a fixed percentage of costs. Coinsurance usually applies after an annual deductible has been paid.
  • The Century Dictionary and Cyclopedia
  • noun. See insurance.
  • the GNU version of the Collaborative International Dictionary of English
  • noun. Insurance jointly with another or others; specif., that system of fire insurance in which the insurer is treated as insuring himself to the extent of that part of the risk not covered by his policy, so that any loss is apportioned between him and the insurance company on the principle of average, as in marine insurance or between other insurers.
  • Wiktionary, Creative Commons Attribution/Share-Alike License
  • noun. The joint assumption of risk between the insurer and the insured party.
  • noun. The joint assumption of risk between multiple insurers.
  • WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
  • noun. insurance issued jointly by two or more underwriters
  • Word Usage
    "- Admiral has extended its long-term coinsurance and reinsurance arrangements with Munich Re for its U.K.,"
    cross-reference
    Hypernym
    Words that are more generic or abstract
    insurance  
    Rhyme
    Words with the same terminal sound
    Same Context
    Words that are found in similar contexts