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copayment

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 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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Individual beneficiaries can expect a copayment of 25 to 50% for institutional care services.
Under the proposed contract, SBC employees would see their copayment for health care rise on average by $420 a year.
Any amount remaining unpaid, such as a deductible, coinsurance, copayment, or uncovered amount, would be paid by the camp's Blanket Excess Accident and Sickness Medical policy up to the limit of the policy.
 
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