: a small fixed fee that a health insurer (as an HMO) requires the patient to pay for certain covered medical expenses (as office visits or prescription drugs)
First Known Use of CO-PAYMENT
co–pay·ment noun \(ˈ)kō-ˈpā-mənt\ (Medical Dictionary)
: a relatively small fixed fee required by a health insurer (as an HMO) to be paid by the patient at the time of each office visit, outpatient service, or filling of a prescription
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