Copayment:A copayment is a fixed amount the insured must pay for a covered healthcare service, such as a doctor's visit or prescription, after the deductible has been met.
Coinsurance:Coinsurance is the percentage of healthcare costs the insured must pay after the deductible has been met, with the insurance provider covering the remaining percentage.
Out-of-Pocket Maximum: The out-of-pocket maximum is the maximum amount an insured individual must pay for covered healthcare services in a given time period, after which the insurance provider covers 100% of the remaining costs.