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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).

Small Business Health Options Program (SHOP)

Similar to the individual market exchanges (or marketplaces) the SHOP exchanges allow small businesses to select health plans for their employees (or contribute to employee…