Is Coinsurance or a Copay Better? Both coinsurance and copay have their pros and cons. Because you pay a set amount at the time of each service or purchase, copay plans make it easier to anticipate your health-care expenses. You'll always pay the copay, regardless of whether you've m...
000. You've already paid $1,500 for the MRI, so you need to pay $1,500 of the surgery bills to meet your deductible and have the coinsurance kick in. After that, your share is 20%—which, in this example, is $1,100. All in, your torn rotator cuff costs you...