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When it says 40 coinsurance after deductible, it means that after you have paid your deductible amount, you will be responsible for paying 40 of the remaining costs for covered services, while your insurance will cover the other 60.

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What does 40 coinsurance after deductible mean?

40 coinsurance after deductible means that after you have paid your deductible amount, you will be responsible for paying 40 of the remaining covered expenses, while your insurance will cover the remaining 60.


What does 40 coinsurance after deductible mean in terms of my insurance coverage?

A 40 coinsurance after deductible means that after you have paid your deductible amount, you will be responsible for paying 40 of the remaining covered expenses, while your insurance will cover the other 60.


What is the meaning of 40 coinsurance after deductible?

40 coinsurance after deductible means that after you have paid your deductible amount, you are responsible for paying 40 of the remaining costs for covered services, while your insurance company will cover the other 60.


What does eighty twenty coinsurance mean?

Eighty twenty coinsurance is usually expressed 80/20 by insurance companies. The first number (80) represents the percentage of payment an insurance company will pay for a service and the second number (20) is the percentage the person receiving the service is required to pay. Other popular coinsurance amounts are 70/30, 60/40, 50/50. It is important to note a couple of factors in determining when an insurance company will pay coinsurance. First, an insurance company will only pay 80% on what the insurance considers the "allowed" amount of a fee. Generally insurance companies have fee schedules which designate the maximum amount they will pay on any particular service. This allowed amount could be more or less than the fee that is charged for the service (usually the allowed amount is lower than the fee). Second, an insurance company will only pay 80% for services rendered after the insured has satisified their deductible. Therefore, if your insurance policy has a deductible of $500, the insured must pay out $500 towards their claims then insurance companies will consider paying 80% coinsurance on the remaining balance of unpaid services. Coinsurance does not apply to deductible amounts. Third, the service that is rendered must be a covered service under the insurance policy. If the service is not a covered service most insurance policies will not pay for the service, and usually it does not apply towards the deductible either. Lastly, if the provider of the service does not have a contract with your insurance company, the insured will most likely owe the difference between the allowed amount of the insurance company and the billed amount from the provider. Coinsurance does not apply to the portion of the fee that exceeds the insurance companies allowed amount. Billing the insured for this difference is referred to as balance billing.


On Pokemon card game if weakness says x2 does that mean attacks do double damage 20 does 40?

Yes


Can a lien holder determine your insurance deductible?

I've had a lien holder tell me they require a $500 deductible and I argued with them on it and set my deductible at $1000 like I always do. They never repossessed the car, but that was a chance I was willing to take. I think if that went to court a Judge would see it the same way. The difference for me in payments from a $500 to a $1000 deductible is about 40% per month, so it's significant. On the other hand, you need to review the contract you signed to determine if there is a provision regarding the deductible. If it's in the contract that you signed then you cannot breach that agreement without consequences.


What do evaluate mean in math using -(-40)?

-(-40) = +40.


Does 40 mean 40 inches?

Nah...


What does 40 percent mean?

40% = 0.4


What does 40 mean in spanish?

40 = "cuarenta"


How many years were moses and the israelites in the desert?

The bible says they were in the desert for 40 long years.


40 of 70?

If you mean 40% of 70 then it is 28