There aren’t too many people who really understand the concept of co-insurance.<\/p>\n
This isn’t to say that some people “do” get the idea of what co-insurance really involves. There are, however, many more that get a nasty surprise when they leave a company for which they worked and had a group plan, a low deductible and a low doctor’s office visit co-pay. Co-insurance has actually been around for quite a long time; it’s just that managed care began to take over in the form of PPO and HMO plans.<\/p>\n
In order to tackle the rising costs of health care, co-insurance came into being and varied by company and the plan they chose. It’s used to be the good old standby of 80% and 20% for the next $10,000. This isn’t to say that doesn’t still exist, but there are now newer options to cut Illinois health insurance premiums. The low-end co-insurance range is (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" There aren’t too many people who really understand the concept of co-insurance. This isn’t to say that some people “do” get the idea of what co-insurance really involves. There are, however, many more that get a nasty surprise when they…<\/span><\/p>\n