Coinsurance
One of the ways to reduce the cost of health insurance is to raise the amount of coinsurance. Coinsurance doesn’t come into effect until all the deductibles have been met. There are various levels of coinsurance you can use to reduce your premiums.
It is wonderful to reduce your premiums but coinsurance isn’t always the way to go. Yes, you can lower your premiums but is it worth it after the policy expires? In most cases the premium reduction won’t justify the costs. In other words, if you add a coinsurance payment of twenty dollars per doctors visit, the added ten dollars in many cases will cost you
more than the savings.
Read about temporary health insurance