copayment

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copayment

(kō′pā′mənt)
n.
A specified sum of money that patients covered by a health insurance plan pay for a given type of service, usually at the time the service is rendered.

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.

co·pay·ment

, copay (kōpā-mĕnt, kōpā)
A fixed or set amount paid for each health care or medical service; the remainder is paid by the health insurance plan. In common parlance, copay is the term used.
See also: coinsurance, cost sharing
Synonym(s): out-of-pocket costs, out-of-pocket expenses.

co·pay·ment

, copay (kōpā-mĕnt, kōpā)
That portion of a dental care charge for which the patient herself, rather than a third party payor (i.e., insurer), is responsible.

copayment,

n the beneficiary's share of the dental professional's fee after the benefits plan has paid.
References in periodicals archive ?
This of course, makes it virtually impossible to accurately collect a copay at the time of service.
For employers such as Pitney Bowes, the world's leading mailstream solutions provider, one answer is lowering or waiving employees' copays on prescription drugs.
Before that happens, however, plans offering three-tiered copays will need to do a better job of educating patients about how the system works, according to Judith Cahill, executive director of the Academy of Managed Care Pharmacy, an Alexandria, Va.
By reducing the amount of copay due from patients for prescriptions, copay offset cards reduce the amount of outlay required for patients.
The Governor also expresses concerns for the financial consequences a home health copay would have on state Medicaid programs.
On the other hand, an individual who chooses to forego the copays in favor of a "high deductible health plan" gets to pay all of his eligible medical expenses--not only doctor visits and prescription drugs, but also bigger costs like ER and hospital claims, and even non-medical expenses like dental and vision--with tax-free dollars.
You might also consider posting a sign in your reception area that advises patients, "If you are unable to remit your copay today, please see the receptionist so we can reschedule your appointment.
69% of financial services employees pay $25 or more in office-visit copays
In addition to the information on consumer copays, the report includes data on spending trends for non-specialty and specialty drugs, utilization by age and gender, reviews of nine non-specialty and seven specialty therapy classes and trend forecasts through 2011 for non-specialty and specialty drugs.
Though banned as illegal kickbacks in federal health programs, copay coupons are unregulated in the commercial market (except Massachusetts).
This study is unique because it is more likely to represent the behavior of average patients and because it considers important variables that have not been included in other copay and drug compliance studies," said Dr.
There is now web site access to the formulary and copays that gives employees good information about their choices.