Co-pay
A fixed amount ($20, for example) you pay for covered health care services, such as a doctor's visit or prescription.
Detailed Explanation
The amount of your co-pay usually depends on the type of service. Co-pays are a way for you to share the cost of healthcare with your insurance company.
Practical Example
Whenever Jessica visits her primary care physician, she has a $25 co-pay. She pays this amount at the time of her appointment, regardless of the total cost of the visit.
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