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A copay is a flat fee that you may be required to pay out-of-pocket when you go to the doctor or fill a prescription. Copays are a specific dollar amount, not a percentage of the bill, and typically are owed up front at the time of treatment or visit. The amount of your particular copay is sometimes printed directly on your insurance card.What is the difference between a copay and coinsurance in health insurance?
Copays and coinsurance are not the same things. Coinsurance is a percentage of the bill, a copay is a fixed amount. If there is a copay option, it may include different fees for physician visits, emergency room visits, specialists' visits, and other medical services.How much do insurance providers typically charge for copays?
Copay fees vary among insurers but typically are $25 or less. For example, an insurance plan with copays may require the insured to pay $25 per doctor visit or $10 per prescription. Review the terms of your insurance plan to determine your copayment option.What services are typically associated with a copay?
Copays (or copayments) are set amounts you pay to your medical provider when you receive services. Copays typically start at $10 and go up from there, depending on the type of care you receive. Different copays usually apply to office visits, specialist visits, urgent care, emergency room visits, and prescriptions.