What is the difference between a deductible plan and a co-payment plan?
With a co-payment plan you pay a fixed amount when you receive covered medical care. A deductible plan differs in that you have adeductible you have to meet before you will pay a ny copayment for the service that is subject to the deductible. Your payment for care will vary depending on the treatment you receive, up to the amount of the deductible. Once your total medical costs for the calendar year meet your deductible, you’ll pay a copayment for any additional covered services you receive. This type of plan is designed to keep your monthly premiums lower. Keep in mind that not all payments towards services applyy to your deductible.
