scorecardresearchWhat is the difference between insurance Copay and Deductible?

What is the difference between insurance Copay and Deductible?

Updated: 16 Jun 2022, 10:07 AM IST
TL;DR.
A deductible is a set amount that serves as the starting point for your health insurance policy while copay is the amount of your health insurance claim that you must pay. 
The terms copayment and deductible are frequently used in health insurance policies. 

The terms copayment and deductible are frequently used in health insurance policies.