copayment

Fixed medical fee

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

Often shortened to copay.

The amount varies by service type—a routine office visit might have a $20 copayment while an emergency room visit costs $100.

My copay for generic prescriptions is only five dollars.

insurance

deductible

Out-of-pocket threshold amount

coverage · policyholder · beneficiary · reimbursement · claim · HMO · PPO · Medicare · Medicaid · formulary

expense

cost

Required payment amount

  • feePayment for service
  • chargeCost or accusation
  • billAmount owed, written

out-of-pocket · affordability · budgeting · financial · transaction · obligation · invoice · tier · fixed · percentage

healthcare

prescription

Medical dispensing authorization

specialist · clinic · hospital · outpatient · inpatient · appointment · consultation · referral · treatment · diagnosis

Categories
Opposites
payment coverage

copaymentfull coverage

Protection without exclusions

self-pay · subsidized care

payment structure

copaymentcoinsurance

Percentage you owe

deductible · premium · out-of-pocket maximum

payment completeness

copaymentfull payment

Entire amount owed, delivered

total cost · full coverage · lump sum payment

Family

copayments

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