COVID-19 Emergency Preparedness & Response Plan

What is the difference between a co-pay and coinsurance?

Sep16th 2020

Your co-pay is a predetermined rate you pay for your physical therapy services at the time of care. The coinsurance is a percentage of what you pay based on your service. Your coinsurance is not a set rate. It varies based on the type of service that you receive. You pay a percentage and the rest is covered by your health insurance plan.