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percentage participation

Percentage participation refers to a provision in a health insurance contract stipulating that the insurer and insured will share covered losses in agreed proportions.

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percentage participation

Percentage participation refers to a provision in a health insurance contract stipulating that the insurer and insured will share covered losses in agreed proportions.

Additional Information


For example, the insurer may be required to pay 80 percent of the insured's hospital costs with the insured responsible for the remainder.

Synonyms

Co-payment