co-pay·ment
| \ ˈkō-ˌpā-mənt
, ˌkō-ˈpā \
, 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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“Co-payment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/co-payment. Accessed 9 Aug. 2022.
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More Definitions for co-payment
co-payment
noun
co-pay·ment
| \ (ˈ)kō-ˈpā-mənt
\
\
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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Time Traveler for co-payment
The first known use of co-payment was in 1966
See more words from the same year