What is coinsurance? A. Both parents have employer-sponsored insurance coverage for their children. B. Two insurance companies combine to offer group insurance coverage. C. An employee pays all out-of-pocket expenses before the insurance takes effect. D. The insured pays a percentage of covered expenses.

D. The insured pays a percentage of covered expenses

Explanation:

The insured is the person who stands to benefit from the insurance plan or policy. Hence, in coinsurance, the person who is known as the insured for whom the insurance policy is being purchased has a duty to make certain contribution for the premium (i. e. amount expected to be paid to the insurance company periodically).