According to Lonnie's health insurance, this 15% percentage that she is responsible for paying of all of her medical costs is Coinsurance payment.
Health insurance is a sort of insurance that pays for unexpected medical costs brought on by a disease. These costs might be related to the price of a hospital stay, the cost of medications, or the price of doctor appointments.
The portion of costs you bear after reaching your deductible is known as coinsurance.
Your coinsurance does not begin to cover all of the cost of your drugs and medical services until you have met your deductible.
A 15% coinsurance payment is required by Lonnie's health insurance plan. This implies that she is responsible for 15% of his overall medical costs.
Hence, this 15% percentage that she is responsible for paying of all of her medical costs is Coinsurance payment.
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