In the context of healthcare, what is a common purpose of having a co-payment?

A co-payment serves as a mechanism to share the costs of medical services between the insured individual and the insurance provider. This cost-sharing feature is designed to make healthcare more affordable for patients while encouraging responsible use of medical services. By requiring a co-payment, patients contribute a set amount toward their healthcare visits or services, which can help lower the overall financial burden on insurance plans and promote a sense of accountability among patients for their healthcare decisions.

Cost-sharing methods like co-payments also aim to prevent over-utilization of healthcare services by ensuring that patients consider the necessity of each visit or treatment, but fundamentally, the primary purpose is to distribute the financial responsibility for care. This dynamic helps balance the interests of patients and providers while maintaining sustainability in the healthcare system.