In this video, we walk through what a copay is and how they work. Below are some key takeaways listed for you:
A copay is a fixed fee paid to access healthcare services, akin to buying a ticket for a movie.
There are different copays for different services, including office visits, specialist consultations, and prescriptions, among others.
Copay amounts vary depending on the individual's insurance plan, with no standard set price across plans.
Copays cover the cost of the visit but not additional services like tests or surgeries that may be needed.
Copay amounts are typically listed on your insurance ID card for easy access and reference.
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