A health insurance policy provision that requires the insured party to pay a portion of the costs of covered services. Deductibles, coinsurance, and co-payment are types of cost sharing.

A general term referring to financial arrangements in which a covered member must pay a portion of the costs associated with receiving care, e.g. copayment, coinsurance, or deductible.

Payments made by the beneficiary of health insurance, in addition to the premium, for the receipt of health care services. These amounts include, for example, co-payments, co-insurance and deductibles.

A system of reducing operational costs by coordinating with other organizations, such as joint volume purchasing, sharing storage facilities and costs, and sharing transportation costs.

A general term that describes an arrangement in which more than one party contributes to the total cost of a project. Cost sharing can be in the form of "hard dollars," or in-kind contributions such as time committed to a project. Example: A university receives a grant for a project estimated to have a total cost of $100,000. The sponsor agrees to pay 75% ($75,000) and the university agrees to pay 25% ($25,000). The $25,000 is the cost-sharing component. Direct Costs Clearly identifiable costs related to a specific project. General categories of direct costs include but are not limited to salaries and wages, fringe benefits, supplies, contractual services, travel, and equipment.

A general term, used as a noun or adjective, that can describe virtually any type of arrangement in which more than one party supports research, equipment acquisition, demonstration projects, programs, institutions. Example: A university receives a grant for a project estimated to have a total cost of $100, 00. The sponsor agrees to pay 75% ($75,000) and the university agrees to pay 25% ($25,000). The $25,000 is the cost-sharing component.