copayment health insurance1 What Is a Copay Definition and Example in Health Insurance? What is a copay or copayment? A copay is a set out-of-pocket expense incurred by an insured for covered treatments. It is a regular feature in many health insurance policies. Insurance companies frequently charge copays for things like medical visits and prescription medicines. Copays are fixed monetary amounts rather than percentages of the bill, and they are often paid at the time of service. .. 2024. 2. 16. 이전 1 다음
