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copayment |
Also found in: Financial, Wikipedia | 0.05 sec. |
copayment [kō′pāmənt] (in the United States) an amount paid by a health insurance plan enrollee for each office or emergency department visit or purchase of prescription drugs in addition to the amount paid by the insurance company. See also deductible. copayment, n the beneficiary's share of the dental professional's fee after the benefits plan has paid. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| According to the VA, some veterans received phone calls from a man indicating he was from the "VA pharmacy" who asked veterans for their Social Security number and a list of medications because of "new co-pay regulations. The co-pay for network physicians' visits increased on Jan. For those with an income below the poverty line (currently $798 per month for a single person, in September 2005), there will be no premiums or deductibles, but there will be a co-pay of $1 for generic meds and $3 for brand-name meds, with no co-pay after total drug expenses reach a certain limit. |
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