Meaning & use
Copayment
Last updated
A fixed amount a patient pays out of pocket for a covered healthcare service, with the remainder covered by insurance.
See it in a sentence
Her copayment for the doctor's visit was twenty-five dollars.
The new insurance plan raised copayments for specialist appointments.
A note on using this word
Often shortened informally to 'copay' in everyday speech, especially in the United States.
Words with a similar meaning
copay
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