The correct answer is C. Copay.
A copay is a fixed amount that you pay for a covered service. It is usually a small amount, such as $10 or $20. You may have to pay a copay for each visit to your doctor, each prescription you fill, or each hospital stay.
A coinsurance is a percentage of the cost of a covered service that you pay. For example, if your coinsurance is 20%, you would pay 20% of the cost of a doctor’s visit, and your insurance company would pay the other 80%.
A deductible is the amount of money you have to pay out of pocket before your insurance company starts to pay for covered services. For example, if your deductible is $1,000, you would have to pay the first $1,000 of any medical expenses before your insurance company would start to pay.
Health insurance is a type of insurance that helps cover costs of expensive health, surgical, and medical costs. Among the many different types of health insurance plans available, some plans require you to pay a copay for covered services.