How does a copay differ from coinsurance?

A copay is the leftover amount that you're responsible for after your insurance company pays the coinsurance.

A copay is the percentage of the bill you pay to see a doctor of fill a prescription; coinsurance is the fixed amount you pay.

A copay is the fixed amount you pay to see a doctor of fill a prescription; coinsurance is the percentage of the bill you pay.

A copay is the amount your insurance company pays; coinsurance is the leftover amount that you're responsible for.

Im not sure but I think the answer is C...

The correct answer is letter "C": A copay is the percentage of the bill you pay to see a doctor of fill a prescription; coinsurance is the fixed amount you pay.

Explanation:

When talking about insurance, a copay represents a fixed amount paid every time a service is going to be rendered by the insurance. Instead, coinsurance is a percentage the insureds must pay after reaching their deductible amount. The pending percentage is covered by the insurance.

answer; a set of mutual funds with similar risk characteristics to your mutual fund;