The rigorous requirements for a career as an anesthesiologist include a bachelor's degree, a medical degree, a residency and a state medical license. Anesthesiologists earn a high income suitable to their weighty responsibilities and lengthy preparation.
Best Answer: A deductible is a set dollar amount, that YOU are responsible to pay every year. You pay 100% of the deductible amount before your insurance will pay anything. The insurance company pays none of your deductible. The deductible is cumulative, & starts over at the beginning of each benefit year. Coinsurance is the portion/percentage you pay for medical services you receive. ie. your coinsurance may be 20%, Leaving the insurance to pay 80%. It simply refers to the percentage you pay for medical services. (After you pay 100% of the deductible, that is.).
Coinsurance: Some health insurance requires that you pay a percentage of the cost of covered health-related services after you have met your annual deductible. This is known as coinsurance and most often is about 20% of what your health plan approves. For example, Mr. Jones has a family health plan with a $500 annual deductible and 20% coinsurance. In February, his wife and two children got checkups. Mr. Jones paid the physician for these services, which cost $510. In March, one of the children got sick and the cost of the office visit was $50.