What is co-payment for each day spent in hospital?

  • by The Quotesonline Team

Health Insurance Quotes

A co-payment refers to an agreement between the insurance company and policy holder each time a service is provided. A co-payment for each day spent in hospital depicts a pre-determined amount the individual agrees to pay in exchange for lower premiums.

A co-payment often have set limits of days allowed to be spent in hospital per year.

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