Keyword | CPC | PCC | Volume | Score | Length of keyword |
---|---|---|---|---|---|
what is the definition of copayment | 1.63 | 0.7 | 7146 | 33 | 35 |
what | 0.59 | 0.9 | 7066 | 44 | 4 |
is | 0.01 | 0.3 | 9709 | 38 | 2 |
the | 1.64 | 0.5 | 9268 | 51 | 3 |
definition | 1.36 | 1 | 4694 | 59 | 10 |
of | 1.1 | 0.7 | 1495 | 51 | 2 |
copayment | 0.7 | 1 | 9038 | 26 | 9 |
In the United States, copayment or copay is a payment defined in the insurance policy and paid by the insured person each time a medical service is accessed. It is technically a form of coinsurance, but is defined differently in health insurance where a coinsurance is a percentage payment after the deductible up to a certain limit.
What does copay mean for insurance?A copay is an out-of-pocket cost paid on the spot for covered health care services such as doctor visits and prescription drugs. Copays are a fixed dollar amount determined by your plan and stated clearly on your insurance card. In most cases, you must meet your plan’s deductible before copays will take effect.