what is the copay for medicare
Copayment/coinsurance in drug plans. The amount you pay for each of your prescriptions after you have paid the deductible (if your plan has one) is either a copayment or coinsurance. Some Medicare Prescription Drug Plans have different levels or  tiers  of copayments or coinsurance, with different costs for different types of drugs. 1  With a copayment, you pay a set amount (like, $10) for all drugs on a tier.  Coinsurance means you pay a percentage of the cost (like, 25%) of the drug.