cost sharing
Dividing financial burden
Cost sharing is the division of expenses between parties—typically an insurer and the insured, or between levels of government.
In healthcare, cost sharing includes deductibles, copays, and coinsurance that patients pay out of pocket: The plan has high cost sharing, so expect to pay more at the doctor.
In government programs, cost sharing distributes financial burden between federal and state agencies.
- co-paymentPatient's fixed contribution
- out-of-pocket maximumAnnual spending limit on coverage
- skin in the gamePersonal risk in outcome
- employer contributionFirm's share of benefits
- deductibleOut-of-pocket threshold amount
coinsurance · subsidy · crowdfunding · reimbursement · tuition assistance · premium · joint venture · health savings account · funding allocation · community investment · joint ownership · sliding scale fees · strategic alliance · equity stake · municipal bond · syndication · copay · go halves
- sharinggiving, lending, borrowing, donating, swapping
- allocation methodslottery, quota, rationing, first come first served, merit-based
- health insurancepremium, deductible, copay, coverage, health insurance card
- health policypublic health policy, health policy, healthcare policy, Affordable Care Act, health legislation
- Healthcare Costshealthcare spending, health spending, medical bills, medical debt, hospital bill
- risk managementrisk analysis, risk factor, risk mitigation, risk appetite, risk tolerance
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