Deductibles, copayments, and coinsurance are primarily associated with which type of health insurance plan?

Deductibles, copayments, and coinsurance are primarily components of managed care health insurance plans. These terms refer to the financial responsibilities of the insured when receiving medical care.

In managed care plans, such as Health Maintenance Organizations (HMOs) and Preferred Provider Organizations (PPOs), the consumer often pays a deductible before the plan starts to cover expenses. Additionally, after meeting the deductible, they may be responsible for copayments (a fixed fee for specific services) and coinsurance (a percentage of the costs that the patient pays after the deductible has been met). This structure encourages the judicious use of medical services and helps the insurance plan manage costs.

While employer group health plans can also have deductibles, copayments, and coinsurance, managed care plans are particularly known for incorporating these features as a means to control healthcare spending and promote cost-sharing with policyholders. In contrast, supplemental insurance typically assists with costs beyond those covered by other insurance but may not inherently have these features.