Not all insurance plans have co-insurance, co-pays or deductibles. Each plan is unique, which is one of the reasons why we have to check each and every plan, even if you already know your insurance covers acupuncture.
Co-insurance is the portion of an acupuncture bill that your insurance provider asks you to pay to the provider directly. If you do have co-insurance, it’s usually around 10-20% of the allowed charge for acupuncture. Your co-insurance is determined after your insurance company pays the provider, so it’s a fee you pay later, not at the time of your visit.
A co-pay is a set fee that you pay at each visit. Some insurance plans have a co-pay for the first visit only. Others have a co-pay at each visit.
Your annual deductible is an amount of money the insurance company requires you to pay out-of-pocket before your insurance starts covering healthcare costs, like acupuncture treatment. Some plans have small deductibles and others large. It’s totally dependent on the insurance plan’s policy.