Healthcare costs for which the patient is responsible under the health plan. Common types of cost sharing are deductions, coin insurance and cash payments. Medical expenses that are not reimbursed are not considered cost sharing. In 2014, PPACA limited total payments to ، 5,950 for individuals and 11 11,900 for families. This amount is adjusted according to the growth of the annual premium.
Cost-sharing definition is: Co-payments, often seen as out-of-pocket expenses, are part of the healthcare costs you pay that are not covered by your insurance.
Literal Meanings of Cost-sharing
Meanings of Cost:
Payment (amount of money) is required before receiving or performing an item or action.
The amount that is paid or spent to buy or receive something.
Sentences of Cost
Each issue of the magazine costs 2.25.
Your job is to plan and calculate the cost of the media program for the campaign.
We can cover the cost of the event.
Synonyms of Cost
be, market price, sell for, put a figure on, fare, amount to, selling price, fetch, asking price, hire charge, put a value on, toll, be priced at, estimate the cost of, price, put a price on, value, come to, rental, evaluate, fee, estimate the price of, levy, be valued at
Meanings of Sharing:
Sharing (something) with someone else.
A portion or portion of a large sum of money which is distributed among many people or in which many people contribute.
One of the equivalent shares in which the company's capital is distributed, thus retaining a portion of the profits.
Examples of posting or republishing content on social networking sites or apps.
Sentences of Sharing
She shared a cake with him.
Under the proposal, investors will pay a higher proportion of the required annual fee.
Sell your shares on BT.
He was shared 25,000 times on Twitter and 117 likes on Facebook by 7:30 p.m.
Synonyms of Sharing
part, quota, go halves with, ration, due, lot, measure, split, go halves in, allocation, division, allowance, bit, portion, allotment, divide