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Posts Tagged ‘insurance copay’

Out-of-Pocket Expenses – What Are They?

January 31st, 2014 by Victoria Troupe

Having medical insurance in the US is crucial to protect you from high expenses associated with healthcare in the US. Insurance pays a portion of your medical expenses for you. Contrary to popular belief, having medical insurance in the US does not mean that you won’t have to pay anything towards your medical expenses. The […]

What’s the difference between insurance deductible, coinsurance, and copay?

June 4th, 2011 by ahoontrakul

Many people are confused about the differences between an insurance deductible, co-pay and coinsurance. What are they and how do they differ from each other? In short, all three represent the portion of the medical bill that you are responsible for in case you get sick or injured – otherwise known as out-of-pocket expenses. However, […]

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