Copay - Insurance
: A percentage of the cost (e.g., 20%) you pay after you have met your deductible.
Tier 1 (Generics) are cheapest; Tiers 2-4 (Brand/Specialty) are more expensive. 3. Copay vs. Other Insurance Terms insurance copay
: Some drug manufacturers offer "copay cards" or coupons to help lower the cost of expensive brand-name medications. : A percentage of the cost (e