copayment

(redirected from Out-of-pocket expenses)
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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 ?
In addition, it estimates the percent of workers receiving health care benefits who are required to pay certain levels of out-of-pocket expenses.
Beneficiaries can explore plans based on total annual cost, which accounts for both premiums and out-of-pocket expenses, to ensure that they are paying the lowest cost throughout the year.
According to the study, the majority of individuals had an out-of-pocket expense of $150 or less and their decline to fill rate was 5.
If the physician administering the shot accepts the Medicare payment as payment in full, there is no out-of-pocket expense to the beneficiary.
In addition to stating these established rules, however, Letter Ruling (TAM) 9432002 provides some additional guidance relating to deducting client out-of-pocket expenses.
That trend in the last several years has lead to increases in out-of-pocket expenses for insured patients, which, in turn, has increased the use of payment cards in a market traditionally dominated by cash and checks.
Staying in-synch with this growing problem and the evolving needs of its customers, Travelers Select Accounts is one of the first to provide small business owners with Identity Fraud Expense Reimbursement Coverage to cover the time and out-of-pocket expenses incurred while restoring their identities.
The intent is to cover out-of-pocket expenses and give recognition that they are spending an amount of time for these things.
These costs, reimbursable by the client, basically fall into two categories: out-of-pocket expenses and support service charges.
launched a health care initiative that same year offering consumers and health care practitioners an alternative payment mechanism to cash and checks for rising out-of-pocket expenses.
The fund that employees receive is automatically used to pay for eligible out-of-pocket expenses incurred anywhere in the world.