BC Advantage - 2026 Issue 3

Out-of-Pocket Medical Expenses

<p>We have many requirements when it comes to healthcare. These requirements include out-of-pocket medical expenses. There are three different types. This article will discuss and compare each.</p> <p> </p> <p><strong>Copays </strong></p> <p> </p> <p>A copay or copayment is a fixed, out-of-pocket amount that patients are required to pay for healthcare, typically at the time of service.</p> <p> </p> <p>However, not all patients have copayments, such as Medicare Part B patients. I have Medicare...

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