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Co-Pay Insurance
A copayment, or co-pay, is a fixed expense or dollar amount set by your provider paid for a medical service by an insured on a typical health plan. Health Insurance companies use co-payments to share health care costs with the user. Typically the higher the co-pay the lower the monthly premium.
Co-Pay Insurance covers the above cost on a schedule benefit plan. So you should realize no Out of pocket expenses for your co-pays once you receive your benefit check back after your claim is filed and paid. |