What is a copay?

RichDayHealthPlans provides Copay type health plans:

  • How does a copay work?  Insurance plans usually employ a copay on doctor visits and drugs.  A copay means that you get the health care provider's service for a reduced amount.  For example, let's say you have a terrible head cold.  If you go to see a doctor, you will typically pay a copay of $25 to $50.  (The actual visit cost the insurance company roughly $65, but you pay the reduced copay amount.) 
  • Why do people like copays?  People like copays because they can see the doctor for a relatively small amount of money that doesn't upset their budget. 

    It is NOT necessary to meet your deductible before the copays can be utilized.
    (This is a frequently asked question.) 

  • How does a drug copay work? Drug copays a somewhat different from doctor visit copays.  Drug copays usually have an annual deductible that must be met before you get to pay the smaller copay amount.  For example, a typical plan will charge a copay of $15 for a generic drug and $35 for a brand-name drug after a $200 annual deductible.  That means that you don't get to pay the smaller copay amounts until AFTER you have accumulated $200 in drug costs.  If you are taking a drug for high blood pressure and perhaps another drug for high cholesterol, those two drugs, if not generic, could run approximately $200 per month.  Therefore, the you will be responsible for the first month and the other eleven months will be covered 100% by the insurance company after your copay.

You can start by getting quotes

Then, compare the different plans and ask questions. 

Next, apply online! 

Get free health insurance quotes now.

Get Free Quotes


Real Time Web Analytics