What is a Copay?

In health insurance or dental plans, a copay (or co-pay) is a flat dollar amount that you pay for a service such as an office visit or a prescription medication.

The term coinsurance (or co-insurance) is also often used to mean the same thing, but is more commonly defined as a split of charges based on a percentage. (see coinsurance)

Whichever term is used, it refers to a sharing of costs with the insurance company.

I you are paying $20 for a doctor visit, the insurance company will usually also pay the doctor the difference between the copay and the contracted amount the company allows for the service.
All rights reserved.
Need a Root Canal, Crowns, Dentures or Braces?
go to
Find Dental Discounts.com
Watch: An Introduction to the Basics of Medicare
at IntroToMedicare.com

"Miracle Shake" treats root cause of Diabetes