Health Insurance Copay

When looking for individual health insurance it is important to understand how much your health insurance copay will be. As you may or may not know, your copay is what you need to pay out of pocket when you visit the doctors, dentist or optometrist.

The copay you have to shell out each time you visit the doctors varies by the individual health insurance plan you are using. Some companies such as Blue Cross Blue Shield, Aetna and some of the other top insurance companies have multiple plans for the individual looking for health insurance. The plans are priced according to their level of coverage and depending on multiple factors, they come with different copays.

For example, if you happen to have one of the lower coverage plans that comes at a lower monthly fee, chances are you will have a high copay. This could range from $5 to $50 depending on the type of doctor you are visiting. If you happen to pay a high monthly rate and have one of the higher tiers of coverage, you may end up with little or no money due as a copay.

Should you be paying a copay?

Whether or not you should be paying a copay when you visit the doctor should be based on your need for a doctor. While no one can tell the future, you should be able to get a good idea of how often you go to the doctor based on the previous years of your life. If you are someone who is constantly sick, then it may make sense for a plan with higher coverage. If you are relatively healthy, you can select a lower cost plan that comes with a lower copay.

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