Medical Copayment Definition

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 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 …

What Is a Copay? Definition in Health Insurance and Example

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

Co-payment Definition & Meaning - Merriam-Webster

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

noun. : 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, …

Deductible vs. Copayment: What's the Difference?

https://www.verywellhealth.com/deductible-vs-copayment-whats-the-difference-1738550

A copayment is a fixed amount you pay each time you get a particular type of healthcare service, and copays will generally be quite a bit smaller than deductibles. But deductibles …

Copayment | definition of copayment by Medical dictionary

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

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 Copay or Copayment? | GoHealth

https://www.gohealth.com/resources/healthcare-costs/copays/

A copay, or copayment, is a fixed dollar amount you pay every time you go to the doctor or fill a prescription. It’s a shared cost between you and your insurance company. You pay …

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, or …

What is a Copayment? | eHealth - e health insurance

https://www.ehealthinsurance.com/resources/small-business/understanding-health-insurance-copayment

Copayments, or copays, are a common form of cost sharing under many health insurance plans. Cost sharing is simply the portion of costs covered by you out …

Copay | definition of copay by Medical dictionary

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

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: …