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70% · Q7/10
Question 7 of 10

What is a 'copay' in health insurance?

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Explanation
A copay is a fixed amount (e.g., $25 for a primary care visit, $50 for a specialist) you pay each time you receive a specific covered service. Copays are straightforward and predictable, unlike coinsurance which varies based on the total cost of care.
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Preventive care services are covered at no additional cost under most health insurance plans thanks to the Affordable Care Act, including annual checkups and screenings.