Medicare and Caregivers

Frequently Asked Questions

17. What is co-insurance?

Co-insurance is the 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. The person will have to pay this amount after paying the deductible for Part A and/or Part B. In a Medicare Prescription Drug Plan, the co-insurance will vary depending on how much the person has spent.