What Is a Copay?

Mar 11, 2022 | 0 comments

A copay, or copayment, is a fixed fee you pay for a service covered by your health insurance plan. For instance, you may have a copay of $20 for a medical office visit or $10 for a generic prescription drug. Copay costs vary by plan, and not all plans use copays. Copays are generally lower…

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