A proximate cause is the immediate cause that resulted in the observed reaction. The ultimate cause is the original event that started the chain of events that led to the obse â¦ rved reaction. For example, if a person is observed to fall, the proximate cause of the fall might be tripping over an object.
Coinsurance. Coinsurance is a health care cost sharing between you and your insurance company. The cost sharing ranges from 80/20 to even 50/50. For example, if your coinsurance is 80/20, that means that your insurer covers 80% of annual medical expenses and you pay the remaining 20%. The cost sharing stops when medical expenses reach your out-of-pocket maximum, which usually is between $1,000 and $5,000.
What is Microinsurance? Insurance is a kind of a financial service whereby clients pay a premium on regular basis in return for reimbursement at higher rate when a risk occurs. In principle, it is one of the risk management tools to counter the losses suffered from a crisis.