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A copayment is the percentage payment that you must pay for each claim. In other words, you must share in the payment of the covered expenses up to a certain limit. The most common copayment arrangement is for the company to pay 80% and you pay 20%. Copayments usually apply to each claim filed.
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified health insurance lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local health insurance attorney to discuss your specific legal situation.