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.
The increase could take effect as soon as next week. The Legislature has scheduled a special session for Wednesday to vote on the matter. In exchange for Mr. Christieâs acceptance of the higher gas tax, the Democrats agreed to lower the stateâs sales tax by less than half a penny and to phase out the estate tax by 2018. Mr. Christie said the sales tax rate would decrease next year to 6.875 percent, from 7 percent. In 2018, he said, it will drop again, to 6.625 percent.