co-payment
noun
ˌkō-ˈpā \
Definition of 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 prescription drug) covered by the health insurer
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More Definitions for co-payment
co-payment
noun
English Language Learners Definition of co-payment
: 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
See the full definition for co-payment in the English Language Learners Dictionary
co-payment
noun
\
Medical Definition of co-payment
: 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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