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Questions tagged [health insurance companies]

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GangnamGlitzGlamourGloryDays GangnamGlitzGlamourGloryDays Thu Nov 14 2024 | 6 answers 1797

Why do health insurance companies use coinsurance & copays?

I'm curious about the reason why health insurance companies incorporate coinsurance and copays into their policies. What's the rationale behind these cost-sharing mechanisms?

Why do health insurance companies use coinsurance & copays?

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