"Co" is a favorite expression of insurance companies.  So get used to it when shopping for Baltimore health insurance. 

One is co-insurance.  Co-insurance is the relationship between what you have to pay for any medical expenses and what your insurance company pays.  Many policies read an 80-20 co-insurance split, which means that for each medical claim the expenses are totaled, your deductible is subtracted, and you insurance company will pay 80%.  You pay the deductible and the other 20%. 

Let's use an example of a medical bill of $800.00.  If you have a $500.00 deductible, that reduces the amount that involves the "co-insurance" to $300.00.  80% of $300.00 is $240.00. This is the amount that your insurance company is required to pay.  the other 20%, which is $60.00 is all yours. 

With some Baltimore health insurance policies there can be a ceiling as to the co-insurance, and afterward the insurance company pays 100%.  Isn't that nice?  Of course you have to make it to the ceiling amount first.

The other co-word is co-payment.  Some Baltimore health insurance companies use the term co-payment rather than co-insurance.  Wouldn't hurt to get this clarified when shopping for health insurance quotes.  Typically, health insurance companies do co-pays for standard medical services. 

An example is the co-payment of $25.00 for any doctor's visit.  If the visit cost $50.00, you pay the other $25.00. Some policies have limits on the amount of co-pays per year. 

When getting Baltimore health insurance quotes you want to make sure you understand exactly what the limits are.