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TeachMeFinance.com - explain Coinsurance (Outpatient Prospective Payment System) Coinsurance (Outpatient Prospective Payment System) The term 'Coinsurance (Outpatient Prospective Payment System) ' as it applies to the area of Medicare in the United States can be defined as ' The percentage of the Medicare payment rate or a hospital's billed charge that you have to pay after you pay the deductible for Medicare Part B services'. Previous 5 Terms: Cohort coincident Coincidental demand Coincidental peak load Coinsurance (Medicare Private Fee-For-Service Plan) Next 5 Terms: Coisogenic or congenic Coke (coal) Coke (petroleum) Coke breeze Coke button About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.