Coinsurance. Coinsurance is an additional cost that some health care plans require policy holders to pay after the deductible is met. When you pay coinsurance, you split a certain cost with the insurance company at a ratio determined by the terms of your insurance plan. Coinsurance is often 10, 30 or 20 percent.
State lawmakers grappling with how to fund former governor Robert F. McDonnellâs landmark 2013 transportation bill included a fail-safe measure that would increase the stateâs gas tax if Congress failed to deliver on online sales revenue by the start of 2015.
Haleyâs plan is to offset her proposed gas tax increase with 0.2 percent reduction in the top marginal income tax rate each year for 10 years until the rate is reduced from 7 to 5 percent. But neither Haley nor the current legislature can force future legislatures to implement these proposed tax cuts.