Understanding health insurance can be confusing, so Royalton Psychological Associates, LLC. has put together this explanation of insurance copayments (co-pays). What is a co-pay? A fixed amount (example $20) you pay for a covered health care service after you have paid your deductible. For example, your health insurance plan’s allowable cost for a doctor’s office […]
Month: December 2020
Deductibles
Understanding health insurance can be confusing, so Royalton Psychological Associates, LLC. has put together this explanation of insurance deductibles. What is a deductible? The deductible is the amount you pay for covered health care services before your insurance plan starts to pay. For example, with a $2,000 deductible you pay the first $2,000 of covered […]