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Coinsurance is a percentage of every medical invoice you must pay after hitting your deductible. Coinsurance is one other type of cost-sharing—you pay a certain portion and your insurance company pays the remainder. A copayment, or copay, is a fixed charge you pay when you obtain a particular medical service. Primary care visits usually have lower copays than specialists and emergency care. Original Medicare includes Part A and Part B , with the choice to purchase a separate Part D plan.
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