For those who is seeking out to understand how to reduce financial loss in that complicated  medical insurance system in the USA, would probably like to learn a little bit about the terms meaning.

Thanks to tlc.howstuffworks.com for the explanation.

A co-payment, or co-pay, is the flat amount you pay at the time of a medical service or to receive a medication. Each health insurance plan establishes these fees up front — they are often printed on your health insurance card. Insurance companies use these co-pays in part to share expenses with you. In addition to cutting a small portion of the costs, the co-pay is also used to prevent people from seeking care for every trivial medical condition they might encounter. (more…)