Keyword Analysis & Research: copay meaning in medical billing

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Frequently Asked Questions

What is the meaning of copay in health insurance?

Copay in health insurance means the percentage of the claim amount that you will have to bear. This percentage is pre-decided at the time of purchase of a policy. Many insurers have a mandatory clause of co-payment in their health plans, while some have an opt-in option of copay in medical insurance.

Do copays count toward your health insurance deductible?

Your co-pay is amount of money that you pay for a doctor’s visit when your insurance company is picking up the bill. What this means of course is that your co-pay does not go toward your deductible because your deductible will need to have already been paid before your insurance company starts paying for your medical care.

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