obedcorral9th obedcorral9th
  • 04-06-2021
  • Medicine
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What is the difference between co pay and deductible?

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ItzTds
ItzTds ItzTds
  • 04-06-2021

A copay is a common form of cost-sharing under many insurance plans. Copays are a fixed fee you pay when you receive covered care like an office visit or pick up prescription drugs.

A deductible is the amount of money you must pay out-of-pocket toward covered benefits before your health insurance company starts paying.

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