What is the difference between coinsurance copay and deductible?
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Studied at the University of Bristol, Lives in Bristol, UK.
A deductible is commonly use together with coinsurance. In this case you would pay the deductible amount first and after you would have the left over coinsurance amount. Copays are similar to deductibles, in that it is usually a fixed amount of money you have to pay each time you need to use your insurance plan.Jun 4, 2011
2023-06-14 14:11:54
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Charlotte Rodriguez
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A deductible is commonly use together with coinsurance. In this case you would pay the deductible amount first and after you would have the left over coinsurance amount. Copays are similar to deductibles, in that it is usually a fixed amount of money you have to pay each time you need to use your insurance plan.Jun 4, 2011