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What is copayment in health insurance? In today's video, we explain what copay is and how it works. Learn about the different types of copayment, namely, mandatory copayment, voluntary copayment, and zonal copayment based on where you live and receive treatment. Additionally, learn how copayment can help lower your premiums and whether you should consider a policy with copay. In this video, you will understand the meaning of copayment and why it’s included in health insurance policies. You will also understand how copay affects your medical expenses and will it affect your premium. We have simplified copay in health insurance with example including Real-life scenarios that show how copay works when you visit a doctor or hospital. Whether you are getting your first health insurance of already have one, this video is perfect for anyone trying to grasp the basics of copay health insurance. 00:00 Introduction 00:56 What is Copayment and how does it work? 02:05 Types of Copayment 04:44 Does Copay help you save premium? 05:33 Should you buy a policy with Copay? Move videos for you: Quick and Easy Claim Settlements - • Health Insurance Review for Quick and... Smooth Insurance Claim Process - • Niva Bupa Testimonial | Smooth Insura... If you have any queries or want to know more about Niva Bupa's products visit - https://www.nivabupa.com/ or dial 1800-309-3333 Also visit - https://www.nivabupa.com/health-insur... #healthinsurance #healthinsuranceplans #nivabupa