What Is Co-Payment In Health Insurance?

The co-payment amount is usually a fixed amount for various services and medicines, which vary depending on the nature of the treatment or medication required.

For example: If your insurance policy has a co-payment clause of 10% and your medical expenses are fully Rs. 1,00,000, you have to pay your pocket and the insurer for Rs. 10,000 will have to be paid, the remaining Rs. 90,000 will be covered.

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