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Medicare Basics for Caregivers
Prescription Drug Coverage - Terms to Know
Co-insurance
This is an amount a person may be required to pay for services
after paying any plan deductibles. In Original Medicare, this is a
percentage (about 20%) of the Medicare-approved amount. A person
has to pay this amount after paying the Part A and/or Part B
deductible. In a Medicare Prescription Drug Plan, the co-insurance
will vary depending on how much the person has spent.
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