co-payments
Shared medical costs
Co-payments are fixed amounts a patient pays for medical services, with insurance covering the rest.
A doctor visit might require a twenty-dollar co-payment regardless of the total bill.
Co-payments differ from deductibles (annual amounts paid before insurance kicks in) and coinsurance (percentage splits).
Also spelled copayments or shortened to copays: My copay for prescriptions just went up.
Out-of-pocket threshold amount
- premiumAdded cost for better
- out-of-pocketPaid from personal funds
- coinsurancePercentage you owe
- coverageExtent of inclusion
policyholder · claim · benefits · plan · network · in-network · out-of-network · formulary
Money paid out
- affordabilityState of being purchasable
- burdenOppressive weight or duty
- budgetPlan for spending
- healthcare costsFees for medical services
medical bills · fixed amount · flat fee · fee schedule · accumulator · savings · subsidy · hardship
Medical dispensing authorization
- pharmacyMedicinal dispensary
- specialistExpert in one field
- urgent careWalk-in medical facility
- emergency roomHospital crisis department
doctor visit · generic · brand-name · refill · medication · clinic · appointment · checkup
US healthcare reform law
- MedicareFederal senior health program
- MedicaidPublic health coverage for poor
- regulationOfficial rules governing conduct
- mandateFormal authoritative directive
reform · legislation · consumer protection · transparency · cap · elimination · reduction · exemption
deductible
Out-of-pocket threshold amount
- premiumAdded cost for better
- out-of-pocketPaid from personal funds
- coinsurancePercentage you owe
coverage · policyholder · claim · benefits · plan · network · in-network · out-of-network · formulary · tier
expense
Money paid out
- affordabilityState of being purchasable
- burdenOppressive weight or duty
- budgetPlan for spending
medical bills · healthcare costs · fixed amount · flat fee · fee schedule · accumulator · savings · subsidy · hardship · medical debt
prescription
Medical dispensing authorization
- pharmacyMedicinal dispensary
- specialistExpert in one field
- urgent careWalk-in medical facility
doctor visit · emergency room · generic · brand-name · refill · medication · clinic · appointment · checkup · lab work
Affordable Care Act
US healthcare reform law
- MedicareFederal senior health program
- MedicaidPublic health coverage for poor
- regulationOfficial rules governing conduct
mandate · reform · legislation · consumer protection · transparency · cap · elimination · reduction · exemption · marketplace
- personal expensescopay, copays, deductible, deductibles, coinsurance
- Healthcare Costshealthcare costs, healthcare spending, health spending, medical bills, medical debt
- drug pricingdrug prices, drug pricing, drug costs, pricing models, pricing strategy
- pharmacy benefitsformulary, prescription coverage, drug coverage, pharmacy benefits, drug benefits
- health lawshealth law, Obamacare, health standards, health regulations, healthcare mandates
- incentive theorymoral hazard, adverse selection, principal-agent, signaling, screening
co-paymentsfull coverage
Protection without exclusions
uninsured · self-pay · free healthcare · full price · universal healthcare