What is the difference between a co-payment and co-insurance? (please write full complete sentences)

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asked Feb 23, 2022 35.8k views

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Rcannood · Answer 1 · 2022-03-01T15:37:28+0000

A copay is a set rate you pay for prescriptions, doctor visits, and other types of care. Coinsurance is the percentage of costs you pay after you've met your deductible.

What is the difference between a co-payment and co-insurance? (please write full complete sentences)

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