co–payment

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

Definition of co–payment

  1. :  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)

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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