Patients often ask us “What’s the difference between a co-pay and a co-insurance?”
- A COPAY is a fixed amount you pay for a health care service
- A COINSURANCE is your share of the costs of a health care service. It’s usually figured as a percentage of the amount your insurances allows for a charged service and most patients begin paying a coinsurance after you’ve paid your plan’s deductible.
Once your deductible has been met, some insurances have an 80%/20% co-insurance. What does this mean for you? You’ll be responsible for paying 20% of the medical services, resulting in high out-of-pocket costs.
MRI of Charleston has made our services patient-friendly by considering the high costs of healthcare services and offering an affordable, self-pay rate of just $380 for any MRI.
You can call 843-737-8137 or visit us online to schedule your appointment.