Skip to main content

What is mean of co-pay?

QuestionsCategory: Group Health InsuranceWhat is mean of co-pay?
default avatarPlan Cover Staff asked 1 year ago
1 Answers

Best Answer

default avatarSrinivasan Mahadevan answered 1 year ago
Copayment is the share of the total bill which the employee has to bear at the time of hospitalization.Details of co-payment (if applicable) will be available in your policy. (Corporate Specific) Co payment is a amount which insured has to paid at the time of any claim and this amount decides at the time of policy starts.