co–payment

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noun co–pay·ment \ˈkō-ˌpā-mənt, ˌkō-ˈ\

Definition of co–payment

  1. :  a relatively small fixed fee that a health insurer (as an HMO) requires the patient to pay upon incurring a medical expense (as for a routine office visit, surgical procedure, or prescription drug) covered by the health insurer

1966

First Known Use of co–payment

1966


CO–PAYMENT Defined for English Language Learners

co–payment

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noun co–pay·ment \ˈkō-ˌpā-mənt, ˌkō-ˈ\

Definition of co–payment for English Language Learners

  • : an amount of money that a person with health insurance is required to pay at the time of each visit to a doctor or when purchasing medicine


Medical Dictionary

co–payment

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noun co–pay·ment \(ˈ)kō-ˈpā-mənt\

Medical Definition of co–payment

  1. :  a relatively small fixed fee that a health insurer (as an HMO) requires the patient to pay upon incurring a medical expense (as for a routine office visit, surgical procedure, or prescription drug) covered by the health insurer

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