Copay
- -is a set amount you pay for prescriptions, doctor visits, and other types of care.
Coinsurance
- – is the portion of costs you pay after you’ve met your deductible.
Deductible
- – is the amount of money you have to pay for your health care each year before your plan starts to pay for covered services. For example, if your deductible is $3,000, you have to pay that amount before your insurance will cover everything.