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.
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.
Higher copays were associated with a 37% reduction in adherence.
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.
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.
Managed care plans should at least be concerned about the effect of copays on annual dilated eye exams, since that is one of the Health Plan Employer Data and Information Set (HEDIS) measures that the government uses to rank health plans, he said in an interview
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.