copayments

Shared medical costs

Copayments are fixed amounts that insured patients pay out of pocket for medical services, with insurance covering the rest.

A doctor visit might carry a twenty-dollar copayment, a specialist visit forty, a prescription ten.

The amount varies by plan and service type.

Often shortened to copays: My copay for generic drugs is only five dollars.

cost-sharing

deductible

Out-of-pocket threshold amount

expense · contribution · cost-sharing · financial responsibility · burden · affordability · splitting · proportion · percentage · allocation

insurance

coverage

Extent of inclusion

reimbursement · HMO · PPO · Medicare · Medicaid · insurer · provider · network · enrollment · co-insurance

healthcare

prescription

Medical dispensing authorization

specialist · outpatient · inpatient · urgent care · emergency room · office visit · preventive care · generic · brand-name · formulary

billing

invoice

Itemized billing statement

collection · due · account · transaction · remittance · receipt · itemized · financial assistance · medical debt · healthcare costs

Categories
Opposites
cost coverage

copaymentsfull coverage

Protection without exclusions

free healthcare · universal coverage · out-of-pocket maximum

payment amount

copaymentsfull payment

Entire amount owed, delivered

no charge · waived fees · subsidized care · reimbursements · insurance payouts

payment completeness

copaymentsfull payment

Entire amount owed, delivered

total cost · full charge · full price · out-of-pocket maximum · lump sum payment

Family

copayment

Familiarity
Top 100,000
Profile
Mostly American · Timeless · Negative · Rated G