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Co-insurance

A health insurance cost-sharing method in which there is a percentage of medical claims paid by the plan member after the deductible has been met (for example: after a $500 deductible, there is 10 percent coinsurance).

Excessive Waiting Period

The Affordable Care Act prohibits excessive waiting periods for employer-sponsored insurance coverage, defined as waiting periods over 90 days. In other words, an employer cannot…