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copayment |
Also found in: Dictionary/thesaurus, Financial, Wikipedia | 0.04 sec. |
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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