What is a co-payment?

A co-payment is a set fee that you must pay each time you use your health insurance. This co-payment can be a fixed amount or a percentage of the total cost of your medical care. In North Carolina, co-payment amounts vary depending on the type of care you seek and the level of coverage your insurance plan provides. For instance, if you have a plan with basic coverage, you may have to pay a co-payment for each visit to the doctor or for each prescription you fill. On the other hand, if your plan has more comprehensive coverage, you may have to pay a higher co-payment for more specialized care. Co-payments are intended to cover part of the cost of your medical care and reduce out-of-pocket costs for the insured party. Co-payments are designed to discourage people from using their health insurance for minor medical issues and make sure that people seek medical care only when they need it. In North Carolina, all health insurance plans must include co-payments as part of the plan.

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