I'm a little confused as to what coinsurance is. The plan I'm looking at has $40 copay for doctor visits, then 40% coinsurance.
So does that mean I pay $40 for the first doctor visit, then 40% on all future visits? Or does it mean I pay $40 at the office, and then I'll be sent a bill for 40% of the rest a few weeks later?
So does that mean I pay $40 for the first doctor visit, then 40% on all future visits? Or does it mean I pay $40 at the office, and then I'll be sent a bill for 40% of the rest a few weeks later?