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Questions & Answers (FAQ)
The categories of Frequently Asked Questions (FAQs) can be found to the right. Simply click on one of the questions below or a category to the right.
What is Coinsurance for the Medicare Part D Plans?
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Last Update : 19 October, 2006
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Coinsurance, according to the Centers for Medicare and Medicaid (CMS) is defined as:
The amount you may be required to pay for services after you pay any plan deductibles. In the Original Medicare Plan, this is a percentage (like 20%) of the Medicare approved amount. You have to pay this amount after you pay the deductible for Part A and/or Part B. In a Medicare Prescription Drug Plan, the coinsurance will vary depending on how much you have spent.
(source: Medicare.gov)
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