What Is a Copay? Definition in Health Insurance and Example
https://www.investopedia.com/terms/c/copay.asp
What Is Copay or Copayment?How Co-Pay WorksHow Do Copays Affect Insurance Premiums?How Do Copays and Deductibles Affect Each Other?How Do Copays and Coinsurance Work Together? A copay is a fixed out-of-pocket amount paid by an insured for covered services. It is a standar…Copays are a specified dollar amount rather than a percentage of the bill, and they usually paid at the time of service. Not all medical services ask you for a copay. For example, some insurance companies do not require a copay for annual physicals.
A copay is a fixed out-of-pocket amount paid by an insured for covered services. It is a standar…Copays are a specified dollar amount rather than a percentage of the bill, and they usually paid at the time of service. Not all medical services ask you for a copay. For example, some insurance companies do not require a copay for annual physicals.
DA: 24 PA: 60 MOZ Rank: 69
