What Is A Co-Payment?

A co­payment is the percentage payment that you must pay for each claim. In other words, you must share in the payment of the covered expenses up to a certain limit. The most common co­payment arrangement is for the company to pay 80% and you pay 20%. Co­payments usually apply to each claim filed.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

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