Health and Life Insurance

Answer: D - Health insurance policies that have coinsurance provisions will require their policy holders to share a certain percentage of the cost of their medical or health care treatment. Copayments, or co-pays, are typically a fixed percentage of the total cost of the services that the insured receives. Coinsurance should not be confused with deductibles, which is represents amount that an insured must pay out-of-pocket for expenses before the insurance company will cover the remaining costs.