Copay (Copayment)

Definition

A fixed amount ($20, for example) you pay for a covered health care service after you've paid your deductible.

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Copays can vary for different services (e.g., primary care vs specialist).

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This software is for simulation and planning purposes only. Outputs are estimates based on your inputs and do not constitute professional financial, legal, or tax advice. Always consult a qualified advisor before making business decisions.