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My health insurance has a co-payment or a deductible. Whats the difference?

April 26, 2017co-payment deductible health insurance

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My health insurance has a co-payment or a deductible. Whats the difference?

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Co-payment: A cost-sharing arrangement in which you pay a specified charge for a specified service within a participating network, such as $15 for an office visit. You usually make your co-payment at the time the service is rendered. Co-payments may be in addition to certain co-insurance and deductible payments.