What is copay coins and out of pocket

sunithajagtap
1y
ex -
Deductible is the fixed amount of money that needs to be paid by the insured for medical expenses
Libu Sebastian s
1y

Copay is a member responsibility it's amount which need to paid from member to provider

Rajesh Khanna
1y

Copay is a fixed amount in other words we can call as a consultation fees, coins is a fixed sum of percentage amount, if we pay 20% of coins remaining 80% company will pay.. out of pocket is reaching ...read more

Surendra Shukla
1y

Copays and coinsurance apply to several forms of insurance, including health, vision, and dental. The easiest way to remember the difference between a copay and coinsurance is this: Copayments are fix...read more

Venkatesh G
1y

As per corporate companies policy some persentage of the amount paid by the insured.

Venkatesh G
1y

It's depends on company policy T&C, example 25% co pay applicable on sum insured

Arham Muhammed Afzal Silotry
1y

Copay-paid each time you visit your doctor, or fill a prescription
Out of pocket-The amount of money a patient pays for medical expenses that are not covered by a health insurance plan.

Add answer anonymously...
Optum Global Solutions Claims Associate Interview Questions
Stay ahead in your career. Get AmbitionBox app
qr-code
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+

Reviews

4 L+

Interviews

4 Cr+

Salaries

1 Cr+

Users/Month

Contribute to help millions

Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.

Follow us
  • Youtube
  • Instagram
  • LinkedIn
  • Facebook
  • Twitter