Co-payments are an important part of the cost of any health insurance plan. A co-payment is the fixed amount you will pay for a particular service.
Co-payments can be charged for the following:
- Filling a prescription
- Visiting a doctor
- Having a blood or other medical test done
These amounts can vary from as little as $5 or $10, to as much as $40. In most cases, a lower monthly premium comes with more expensive co-payments.
In addition, most co-payments only apply when you are in-network. If you choose to go outside of the provider network for health care, you may instead be responsible for a percentage of the bill.