cost sharing


cost shar·ing

(kawst shār'ing) The amount paid for medical services including coinsurance, copayment, or deductible.

cost sharing

An approach to health insurance in which the insured party pays for some of the services received, and the insurance sponsor, usually an employer, pays the rest. Methods of sharing costs between the insured and the sponsor include copayments, deductibles, and annual out-of-pocket expenses.