Cryptocurrency Q&A
What are insurance coins?
What are insurance coins?
Pietro
Thu Oct 24 2024
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7 answers
1790
I've heard about insurance coins but I'm not sure what they are. Could someone explain to me what insurance coins are and how they work?
7 answers
Elena
Sat Oct 26 2024
The coinsurance rate is expressed as a percentage.
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SumoPride
Sat Oct 26 2024
For instance, a "30% coinsurance" policy indicates that the insured individual is liable for 30% of the medical expenses.
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ethan_thompson_psychologist
Sat Oct 26 2024
Coinsurance represents the portion of covered expenses that an insured individual must bear.
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JejuSunshine
Sat Oct 26 2024
In such a scenario, the insurance plan covers the remaining 70% of the medical bill.
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MoonlitCharm
Sat Oct 26 2024
This system allows for a shared financial burden in healthcare, encouraging responsible usage of medical services.
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