is coinsurance the same as copay 
though both represent an out of pocket expense for you the insured person coinsurance is not the same as copay a copay is a set figure you re charged for prescriptions doctor visits and other types of health care generally at the time of service your copay applies even if you haven t met your deductible yet coinsurance is the percentage of costs of the services and treatment you re responsible for after you ve met your health plan s overall deductible 