Copayments

A copayment, or copay, is a fixed amount you pay out-of-pocket for a healthcare service or prescription, at the time of your visit or purchase. It is a way to share the cost with your insurance provider, which helps keep premiums affordable. For example, you might pay $20 for a doctor's visit or $10 for a prescription drug. The specific copay amounts depend on your insurance plan and the type of service. Copays are designed to encourage responsible use of healthcare and prevent unnecessary visits while providing financial support for covered services.