FEATURED: What to watch in the markets today  - read our article!
Money

What Is a Copay?

A copay, or copayment, is a fixed fee you pay for a service covered by your health insurance plan. For instance, you may have a copay of $20 for a medical office visit or $10 for a generic prescription drug. Copay costs vary by plan, and not all plans use copays. Copays are generally lower…

Sign up for our Newsletter and
stay informed

Leave a Reply

Your email address will not be published. Required fields are marked *