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What is mean of co-pay ?

QuestionsCategory: Group Health InsuranceWhat is mean of co-pay ?
default avatarPlan Cover Staff asked 2 years ago
1 Answers

Best Answer

default avatarSrinivasan Mahadevan answered 2 years 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.