Definition Of Medical Copay

Copayment - Glossary | HealthCare.gov

https://www.healthcare.gov/glossary/co-payment/

Copayment A fixed amount ($20, for example) you pay for a covered health care service after you've paid your deductible. Let's say your health insurance plan's allowable cost for a doctor's office visit is $100. Your copayment for a doctor visit is $20. If you've paid your …

What Is a Copay? Definition in Health Insurance and Example

https://www.investopedia.com/terms/c/copay.asp

Copay | definition of copay by Medical dictionary

https://medical-dictionary.thefreedictionary.com/copay

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 …

What is a copayment? | healthinsurance.org

https://www.healthinsurance.org/glossary/copayment/

A copayment is a defined dollar amount a patient pays for medical expenses. With many health insurance plans, a patient pays 100 percent of costs out-of-pocket until they have …

Co-payment Definition & Meaning - Merriam-Webster

https://www.merriam-webster.com/dictionary/co-payment

: a relatively small fixed fee that a health insurer (such as an HMO) requires the patient to pay upon incurring a medical expense (as for a routine office visit, surgical procedure, or …

What Is a Copay? - The Balance

https://www.thebalancemoney.com/what-is-a-copay-5189102

A copay is a fixed amount you’re required to pay at the time you receive a covered health care service, such as a prescription or doctor appointment. For example, …

Understanding Copays, Coinsurance and Deductibles

https://www.nerdwallet.com/article/health/coinsurance-vs-copay

A copay, or copayment, is a predetermined rate you pay for health care services at the time of care. For example, you may have a $25 copay every time you see …

Deductible vs. Copay and Coinsurance - Learn the …

https://www.cigna.com/knowledge-center/copays-deductibles-coinsurance

A copay (or copayment) is a flat fee that you pay on the spot each time you go to your doctor or fill a prescription. For example, if you hurt your back and go see your doctor, …

What Is a Copay & When Do I Have to Pay It?

https://www.policygenius.com/health-insurance/what-is-a-copay/

As mentioned, a copay is a set amount of money that you pay when you receive a certain service. The amount of your copay varies based on the service. An …

Co-pay vs. Deductible: What’s the Difference?

https://www.investopedia.com/ask/answers/051415/what-difference-between-copay-and-deductible.asp

A co-pay, short for co-payment, is a fixed amount that a healthcare beneficiary pays for covered medical services. The remaining balance is covered by the …