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For example, if you hurt your back and go see your physician, or you need a refill of your child's asthma medicine, the quantity you spend for that visit or medication is your copay. Your copay quantity is printed right on your health insurance ID card. Copays cover your portion of the cost of a physician's check out or medication.
Not all strategies use copays to share in the cost of covered costs. Or, some plans may utilize both copays and a deductible/coinsurance, depending on the kind of covered service. Likewise, some services may be covered at no out-of-pocket expense to you, such as yearly examinations and certain other preventive care services. * A is the amount you pay each year for many eligible medical services or medications before your health insurance begins to share in the cost of covered services. https://tldrlegal.com/users/thoinncbsp |
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