No cost sharing means the treatment you receive is fully covered by your insurance plan. Under Obamacare rules, most preventive procedures must be available at no charge to you. There are about 120 different preventive care procedures listed by the government.
You would not be required to pay a copay or other charges if you have a major medical plan.
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No cost sharing in health insurance means that either yourself or the insurer is paying the entire amount of either the claim, the policy or both.
Typically, you will find that rarely does an insurer or a customer pay 100% (initially) of a claim or premium. In some situations, after a deductible is met, you may see an insurer paying 100% of a claim.
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You would not be required to pay a copay or other charges if you have a major medical plan.
Typically, you will find that rarely does an insurer or a customer pay 100% (initially) of a claim or premium. In some situations, after a deductible is met, you may see an insurer paying 100% of a claim.