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What Is Co-payment For Health Insurance Policy? |
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Answer» Co-payment is the amount that the insured person must PAY out of POCKET before the health insurer pays for a particular visit or service. For EXAMPLE, an insured person might pay a $45 co-payment for a doctor's visit, or to obtain a prescription. A co-payment must be paid each time a particular service is obtained. Co-payment is the amount that the insured person must pay out of pocket before the health insurer pays for a particular visit or service. For example, an insured person might pay a $45 co-payment for a doctor's visit, or to obtain a prescription. A co-payment must be paid each time a particular service is obtained. |
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