(especially, US) The joint assumption of risk between the insurer and the insured party.
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(especially, US, metonymic) The amount paid by the insured in accordance with this risk sharing.
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(international) The joint assumption of risk between multiple insurers.
“Jesse Welles gives us all a little help dealing with co-pays, coinsurance, deductibles and denials. www.youtube.com/watch?v=e9LJ...”
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