What Is A Co-Payment For Health Insurance? 
A copayment for health insurance is a dollar amount you pay for an office visit , service , or procedure . For example , you go to the doctor 's office for an annual checkup , they may say you owe a $ 15 copay for the visit . The alternative that many people encounter is called coinsurance . Instead of a fixed dollar amount , you may be asked to pay a percentage of the cost of an office visit , service , or procedure -LRB- e.g. 20 % coinsurance -RRB- . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much . 