co-insurance Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “co-insurance” in the English Dictionary

"co-insurance" in Business English

See all translations

co-insurancenoun [ U]

(also coinsurance) uk   us   INSURANCE
a ​situation in which two or more ​insurancecompaniesshare a ​risk
in the US, a ​system of ​healthinsurance in which the patient ​pays a ​percentage of the ​cost of their ​treatment: We've also seen ​employersmoving away from copayment to coinsurance ​plans.
co-insurer
noun [C] (also coinsurer)
(Definition of co-insurance from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of co-insurance?
Add Cambridge dictionaries to your browser to your website
Word of the Day
public school

in England, an expensive type of private school (= school paid for by parents not by the government)

Word of the Day