Co-insurance and co-payments are different forms of cost sharing. You are sharing the cost of your health care with your health insurance company. In addition to co-payments and co-insurance, most ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

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Co-insurance is a fundamental concept in health insurance that involves sharing the cost of health insurance between multiple insurers. Unlike copay, where a policyholder pays a fixed percentage of ...

ALTHOUGH it might seem more complicated, reinsurance agreements essentially operate in the same way as a typical insurance does. As introduced in my previous article, reinsurance is acquired by an ...