Copays

FreeChapter 32:563 key terms

A copay is a fixed dollar amount you pay for a specific service — a $30 office visit, a $15 generic prescription. This lesson explains how copays differ from coinsurance and when they apply before or after the deductible.

What you'll learn

The difference between a copay and coinsurance
How copays vary by service — primary care, specialist, ER, prescriptions
When a copay applies before you've met your deductible

Key takeaway: A copay is a flat, predictable price for a visit — set by your plan, not the provider.

What you pay, and when

4 lessons

The four costs on every plan — premium, deductible, copay, coinsurance — and how they work together across a year.

1Insurance premiums3:14
2Deductibles3:48
3Copays▶ Now playing2:56
4Coinsurance: sharing the cost3:21

Next lesson

Coinsurance: sharing the cost

Next: Coinsurance: sharing the cost →