Out of Pocket Calculator Help

Copay per Day

Copay per Day is a section in the Copay/Coinsurance sheet. Copayments involve a set flat dollar amount that you must pay out of pocket. Copay per Day refers to there being an inpatient hospitalization copayment for each day you are in the hospital. However, if your plan instead refers to a copay per admit, you should not enter a value in this section. Instead you should click the link provided Deductibles/Maximums sheet where you would enter that amount. You should only make an entry if the health plan model you are using in your scenario uses a daily copayment for hospitalization, and you don’t want to use the default value provided in your model (meaning you want to customize your entry based on a specific health plan you are using in your scenario).