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Coinsurance

The percentage of costs you share with Medicare after meeting your deductible.
Aaron Sims
Reviewed byAaron Sims

Medicare Term

Definition

The percentage of costs you share with Medicare after meeting your deductible.

Coinsurance is your share of the cost of a Medicare-covered service, calculated as a percentage. For most Part B services, you pay 20% coinsurance after meeting the annual deductible. Coinsurance amounts vary depending on the type of service and whether you have Original Medicare or a Medicare Advantage plan.

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