How does a copay differ from coinsurance?
A copay is the leftover amount that you're responsible for after your insurance company pays the coinsurance.
A copay is the percentage of the bill you pay to see a doctor of fill a prescription; coinsurance is the fixed amount you pay.
A copay is the fixed amount you pay to see a doctor of fill a prescription; coinsurance is the percentage of the bill you pay.
A copay is the amount your insurance company pays; coinsurance is the leftover amount that you're responsible for.
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