co-payment

Your portion owed

A co-payment is a fixed amount a patient pays for a medical service, with insurance covering the rest.

Unlike a percentage-based fee, co-payments are set amounts: a $20 co-payment for doctor visits, a $10 co-pay for generic prescriptions.

Often shortened to co-pay.

insurance

deductible

Out-of-pocket threshold amount

coverage · claim · policyholder · benefits · reimbursement · network · in-network · out-of-network · formulary · cost-sharing

medical

prescription

Medical dispensing authorization

brand-name · tier · refill · doctor · appointment · clinic · checkup · imaging · pediatrician · dermatologist

financial

expense

Money paid out

invoice · receipt · statement · transaction · charge · balance · account · FSA · budget · collection

Categories
Opposites
payment coverage responsibility

co-paymentfull coverage

Protection without exclusions

total cost · self-pay · full price · universal coverage

cost structure type

co-paymentdeductible

Out-of-pocket threshold amount

coinsurance · premium · out-of-pocket maximum

coverage completeness

co-paymentgratis

At no expense

waived fees

Family

pay, payment, cooperate, compensation

Familiarity
Top 200,000
Profile
Mostly American · Timeless · Rated G