copay
Insured's fixed contribution
A copay is a fixed amount a patient pays for a medical service, with insurance covering the rest.
Unlike deductibles or coinsurance, copays don't vary with the total cost—a doctor visit might be a $30 copay whether the visit costs $100 or $300: My copay for prescriptions just went up.
Out-of-pocket threshold amount
- premiumAdded cost for better
- co-insuranceShared claim payment arrangement
- out-of-pocketPaid from personal funds
- coverageExtent of inclusion
benefits · claims · policyholder · beneficiary · HMO · PPO · enrollment · network
Medical dispensing authorization
- pharmacyMedicinal dispensary
- providerOne who furnishes things
- primary careFirst-line medical services
- specialistExpert in one field
Medicare · Medicaid · clinic · office visit · urgent care · emergency room · generic · brand-name
Charging for services rendered
- invoiceItemized billing statement
- receiptWritten payment acknowledgment
- checkoutPayment completion process
- transactionExchange of goods/money
remittance · balance · statement · collection · installment · due · fee schedule
- flat feeUnchanging service charge
- splitSeparation into parts
- portionDivided share given
- contributionSomething given to help
deductible
Out-of-pocket threshold amount
- premiumAdded cost for better
- co-insuranceShared claim payment arrangement
- out-of-pocketPaid from personal funds
coverage · benefits · claims · policyholder · beneficiary · HMO · PPO · enrollment · network · exclusions
prescription
Medical dispensing authorization
- pharmacyMedicinal dispensary
- providerOne who furnishes things
- primary careFirst-line medical services
specialist · Medicare · Medicaid · clinic · office visit · urgent care · emergency room · generic · brand-name · referral
billing
Charging for services rendered
- invoiceItemized billing statement
- receiptWritten payment acknowledgment
- checkoutPayment completion process
transaction · remittance · balance · statement · collection · installment · due · fee schedule
fixed amount
- pharmacypharmacist, pharmacy, prescription, dispensing, prescriptions
- eye careeye doctor, optometrist, ophthalmologist, eye exam, glasses
- healthcare coveragehealth card, hospital coverage, prescription coverage, dental coverage, universal coverage
- insurance costspremium, monthly premium, annual premium, health premium, deductible
- welfarewelfare, welfare reform, welfare system, SNAP benefits, public assistance
- extra costssurcharge, markup, upgrade fee, service charge, deductible
copayinsurance payout
Compensation from a policy
full price · deductible · coinsurance · out-of-pocket maximum · premium
copaytotal cost
Complete expenditure required
full payment · full price · zero cost · no charge · full coverage