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What is the difference between co-payments, coinsurance, and deductibles?

April 26, 2017co-payments coinsurance deductibles

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What is the difference between co-payments, coinsurance, and deductibles?

1 Answer

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10 Posted

Co-payments are charged and paid at the time you receive certain types of services, such as office visits, prescription drugs, and emergency room services. These charges do not apply to the out-of-pocket maximum.