Co-Pay means that you have to share a part of medical insurance policy. One must check out the clause in medical policies or health policies before signing on the dotted line. One can negotiate this term as it varies from each company. Generally co-payment clause comes into play in the case of senior citizens. You can check out best medical insurance for senior citizens here.
Co pay is a clause which is generally used by companies where losses are big and losses are pretty much certain. This type of clause comes in force if one wants to to get treatment from non network hospitals or want single a.c room or want to get treated in a higher cost city. Generally insurance companies have empanelled hospitals on their network.