TrueKing184
TrueKing184
28.02.2020 • 
Business

How does a copay differ from coinsurance?

A copay is the leftover amount that you're responsible for after your insurance company pays the coinsurance.

A copay is the percentage of the bill you pay to see a doctor of fill a prescription; coinsurance is the fixed amount you pay.

A copay is the fixed amount you pay to see a doctor of fill a prescription; coinsurance is the percentage of the bill you pay.

A copay is the amount your insurance company pays; coinsurance is the leftover amount that you're responsible for.

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