Dictionary
co–payment
noun co–pay·ment \ˈkō-ˌpā-mənt, ˌkō-ˈ\
: 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
Full Definition of CO-PAYMENT
: 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)
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First Known Use of CO-PAYMENT
1966
Medical Dictionary
co–payment
noun co–pay·ment \(ˈ)kō-ˈpā-mənt\
Medical Definition of CO–PAYMENT
: 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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