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What does the term co-insurance mean on health insurance policies?

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What does the term co-insurance mean on health insurance policies?
In health policies co-insurance is a percentage of covered expenses that insured is required to pay in addition to co-payment and deductible
For example if you have an 80/20 plan, the insurance company pays 80% for covered services after you've met your deductible. You pay the remaining 20%, up to your out-of-pocket maximum.
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