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.
United States passes Export Control Act. On this day in 1940, Congress passes the Export Control Act, forbidding the exporting of aircraft parts, chemicals, and minerals without a license. This prohibition was a reaction to Japanâs occupation of parts of the Indo-Chinese coast. Now that the Germans occupied a large swath of France, the possibility of Axis...