...o co-pay, except it’s a percentage of costs you pay. For instance, you may pay 20% of the cost of a $200 medical bill. So you would pay $40 and the health plan would pay the rest. How Insurance Protects You Insurance coverage protects you in two ways from high medical costs: Out-of-pocket maximum: This is the total amount you will have to pay if you get sick. For example, if your plan has a $3,000 out of pocket maximum, once you pay $3,000 in dedu...
Search Results for : payer of last
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...h First Colorado, your other insurance pays first in most cases. You can get more information about Health First Colorado being the payer of last resort. For more information visit VA.gov....
...A fixed amount (for example, $15) you pay for a covered health care service, usually when you get the service. The amount can vary by the type of covered health care service....