What Does It Mean When Insurance Pays 80 After Deductible. Normally it means after your chosen deductible on the policy, your insurance carrier will pay 80% of covered charges and yes you will pay the other 20% What does 80% coinsurance mean?
What does deductible then 20 mean? The deductible is the amount you’ll pay out of pocket for medical expenses before your insurance pays anything. Coinsurance the percentage of costs of a covered health care service you pay (20%, for example) after you’ve paid your deductible.