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copayment
(redirected from Co-pay)

   Also found in: Financial, Wikipedia 0.05 sec.
co·pay·ment (kpmnt)
n.
A fixed fee that subscribers to a medical plan must pay for their use of specific medical services covered by the plan.

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.


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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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