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kolbaska11 [484]
3 years ago
9

What is the difference between a copay and coinsurance?

Mathematics
1 answer:
bearhunter [10]3 years ago
4 0

Answer:

A deductible is the amount you pay for a service before the plan shares the cost of the service with you. A copay is a set amount you pay for the service. Coinsurance is when you pay a percentage of the cost for an item or service.

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