What is the difference between co pay and deductible?

1 answer:

8 0

A copay is a common form of cost-sharing under many insurance plans. Copays are a fixed fee you pay when you receive covered care like an office visit or pick up prescription drugs.

A deductible is the amount of money you must pay out-of-pocket toward covered benefits before your health insurance company starts paying.

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Compounding intravenous (IV) solutions.

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Unit-dosing tablets from a bulk bottle.

Hope this helps, have a great day/night, stay safe, and happy thanksgiving!

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