Co-pay vs. Deductible: What’s the …
https://www.investopedia.com/ask/answers/051415/what-difference-between-copay-and-deductible.asp
A deductible is a set amount that you must meet for healthcare benefits before your health insurance company starts to pay for your care. A copay is a fee that you pay when you receive healthcare services, such as visiting a doctor or picking up prescriptions. Your health insurance company will pay part of this cost, and you will pay the rest. Copays might still be required, even after the annual deductible is met. Deductibles have a fixed limit, while copays apply to all covered medical services. Once your deductible is reached for the year, you do not pay it again until the following year. Meanwhile, copayments are required after every covered service regardless of your deductible’s status.
A deductible is a set amount that you must meet for healthcare benefits before your health insurance company starts to pay for your care.
A copay is a fee that you pay when you receive healthcare services, such as visiting a doctor or picking up prescriptions. Your health insurance company will pay part of this cost, and you will pay the rest.
Copays might still be required, even after the annual deductible is met.
Deductibles have a fixed limit, while copays apply to all covered medical services.
Once your deductible is reached for the year, you do not pay it again until the following year. Meanwhile, copayments are required after every covered service regardless of your deductible’s status.
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