What is a Co-Payment?

Answer:
The term co-payment is generally used with health

or dental insurance. A co-payment is the amount that you have to pay for a visit to the doctor or dentist. For example, if you go to the doctor because you are sick and your medical insurance lists a 25 dollar office co-pay, you will likely have to pay 25 dollars for the visit while your insurance company picks up the rest of the bill.

You should be careful however, that you do not confuse this with your deductible. For example, if you go to the doctor and have to have x-rays or other procedures done, you will most likely have to pay the 25 dollar co-payment for the visit and your deductible will apply for the x-rays and other testing.


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