Copay vs Deductible – Understanding The Differences | Bajaj Finserv Health

Understanding what copay and deductible in health insurance means can help you in choosing the best health insurance plan as per your affordability. The major difference between deductible and copay is their effect on your out-of-pocket medical expenses. Watch this video get a brief understanding on deductible and copay differences in health insurance plans.

0:05: What is deductible in insurance plans for your health?

0:20: What is copay in health insurance?

0:33: Deductible and copay – Difference between them with an example. What happens
when you get deductible and copay together in a health insurance plan?

1:05: How can premium lower deductible amount?

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Also watch: Difference between Health Insurance vs Mediclaim
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