Co-pay In Health Insurance

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Presentation Transcript

Co-pay In Health Insurance:

Co-pay In Health Insurance

What is co-pay?:

What is co-pay? Percentage of claimable hospital expense Paid by the insured

Types of co-pay:

Types of co-pay Zone related co-pay Network hospital related co-pay Age related co-pay Pre-existing diseases related co-pay

Why do companies have co-pay?:

Why do companies have co-pay? To avoid misuse To put barriers on unnecessary expense To share responsibility of expenses

Benefits of co-pay:

Benefits of co-pay Lower Premiums

To Conclude:

To Conclude Don’t hesitate to buy a policy just because it has co-pay. Know all the terms and conditions. Go ahead and get your policy

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