Co-insurance is a percentage that a consumer with health insurance would pay for a visit to a physician, hospital, or other provider. Typically, the co-insurance fee would be about 20% of the cost of care, and the plan would pay the remaining 80%, subject to out-of-pocket limits. Copays tend to be for in-network providers and co-insurance is for out of network care, these arrangements vary from one plan to the next.
