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Selecting Your Coverage Preferences
- Co-Insurance (the beneficiary pays a percentage of the drug costs -- for instance, 25% paid by the beneficiary and 75% paid by the plan provider)?
- Co-Payment (the beneficiary pays a fee per prescriptions and the prescription drugs are organized into cost tiers -- for instance, a co-pay schedule could look like $5/$25/$65 for tier 1/2/3 drugs)?
- A combination of co-payment or co-insurance?
- See the Link below to how Co-Insurance and Co-Payment actually function with a few examples
Last updated on: 07/05/2009
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Life Insurance plays an important role in your families financial stability.
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