Definition of Cost Sharing

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TeachMeFinance.com - explain Cost Sharing



Cost Sharing

The term 'Cost Sharing ' as it applies to the area of Medicare in the United States can be defined as ' The cost for medical care that you pay yourself like a copayment, coinsurance, or deductible. (See Coinsurance; Copayment; Deductible.)'.

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About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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