Definition of co-payment in English English dictionary
A fixed fee required by a health insurer (as an HMO) to be paid by the patient at the time of each office visit, outpatient service, or filling of a prescription
A flat fee for a service, paid by the insured as his or her share of the cost of the service The insurance plan covers the rest
- The amount a health plan beneficiary is required to pay for certain medical services Under the Medicaid program, co-payments cannot be charged for family planning or emergency services and certain populations (pregnant women, children under 18 and some hospital or nursing home patients) and are exempt from co-payments Co-payments are often charged for each doctor's visit or prescription filled They also may be charged for inpatient and outpatient hospital services
a flat-dollar amount (instead of a percentage of the total cost) that you pay for a prescription or medical service, usually paid directly to the provider at the same time the service is given
the portion, either a percentage or a fixed dollar amount, of a medical bill that a patient pays The insurer pays the rest
Co-payment is a predetermined fee, in addition to what health insurance covers, that an individual pays for health care services For example, a PPO may require a $20 "co-payment" for normal services delivered during a physician office visit
The amount paid by the employee for a service provided by a health care provider
A type of cost-sharing which requires the insured or subscriber to pay a specified flat dollar amount, usually on a per unit of service basis, with the third party payer reimbursing some portion of remaining charges
The part of the medical bill that is not covered by a patient's health insurance policy and must be covered out of pocket by the patient It is usually a flat amount, such as $10 for an office visit
Payments made by the insured or beneficiary of insurance to help finance the cost of benefit plans A means of cost sharing
The patient's part of the bill paid at the time of service Co-payments are usually flat fees for a particular service (e g $15 per doctor visit or $20 per prescription) Back to Top
A type of cost-sharing which requires the insured or subscriber to pay a specified flat dollar amount, usually on a per-unit-of-service basis, with the third-party payer reimbursing some portion of the remaining charges
refers to a flat fee that plan members have to pay for each doctor visit or service For example, some HMOs require a $10 “co-pay” for each office visit, regardless of the type of services rendered Generally, co-pays are for office visits, prescriptions, or hospitalization
(1) a fixed dollar amount paid by a beneficiary for a covered charge (2) An amount an individual of a health plan has to pay for specific health services
A specified dollar amount that a plan requires its enrollees to pay in order to cover a portion of their health care costs Plan enrollees typically pay a Co-payment each time they visit a provider The plan, in turn, reimburses the provider for the remaining charges That portion of a claim or medical expense that a member must pay out of pocket Usually a fixed amount, such as $5 in many HMO's
A flat fee paid out-of-pocket for medical services For example, a $5 or $10 co-payment (co-pay) may be required for each office visit, prescription, allergy shot, etc
A cost sharing arrangement in which the insured or enrollee pays a specific flat dollar amount to the provider, usually for each specific service
A specific charge for a specific medical service This usually applies to office visits and prescription benefits For example, you may have a $10 co-payment for office visits
A cost sharing arrangement in which the insured pays a specified flat amount for a specific health service and the health plan is responsible for the balance
A cost-sharing arrangement of a health plan in which the patient pays a fixed fee for a specific service (such as $10 00 for an office visit) This fee does not vary with the cost of the service Also referred to as co-insurance
The set amount that you pay each time you use a particular service For example, if your insurance plan has a co-payment of $5 for each doctor visit, you will pay the doctor $5 at each visit and the insurance company pays the rest
Co-payment is a predetermined (flat) fee that an individual pays for health care services, in addition to what the insurance covers For example, some HMOs require a $10 "co-payment" for each office visit, regardless of the type or level of services provided during the visit Co-payments are not usually specified by percentages
A payment made by the user at the time of service as part of the total payment for that service and any associated product
A cost-sharing arrangement in which a member pays a specific charge for a specified service, such as $10 for an office visit The member is usually responsible for payment at the time the health car is rendered Copayments are flat or variable dollar amounts and coinsurance is a defined percentage of the charges for services rendered
Partial payment of certain medical costs that individual participants may be required to make under a health insurance policy For example, under your employer's health plan, you might have to pay $5 toward each prescription
The amount of money an employee, retiree, or covered dependent pays at the time service is rendered This money goes directly to the health care provider The amount of the copayment varies by plan
The set dollar amount that you pay for a service, such as an office visit The copayment will remain the same regardless of the provider's actual charges Generally, the copayment is due at the time services are received
A charge you pay for a specific medical service For example, you may pay $15 for an office visit or $10 for a prescription and your health plan pays the remainder of the medical charges
Co-payment is a predetermined fee that an individual pays for health care services, in addition to what the insurance covers For example, some HMOs require a $10 "co-payment" for each office visit, regardless of the type or level of services provided during the visit Co-payments are not usually specified by percentages
In some Medicare health plans, the amount you pay for each medical service, like a doctor visit A copayment is usually a set amount you pay for a service For example, this could be $5 or $10 for a doctor visit Copayments are also used for some hospital outpatient services in the Original Medicare Plan
A specific charge you pay for a specific medical service For example, you may pay $10 for an office visit or $5 for a prescription and the health plan covers the rest of the medical charges
Another way of sharing medical costs You pay a flat fee every time you receive a medical service (for example, $5 for every visit to the doctor) The insurance company pays the rest
A type of cost sharing whereby insured or covered persons pay a specified flat amount per unit of service or unit of time (e g , $ 10 per visit, $25 per inpatient hospital day) and their insurer pays the rest of the cost The copayment is incurred at the time the service is used The amount paid does not vary with the cost of the service (unlike coinsurance, which is payment of some percentage of the cost)
A flat fee or payment, such as $15 per doctor visit or $10 per prescription, which a covered person pays at the time the service is received The fee does not vary with the cost of the service, and the insurer pays the rest of the cost
The insured patient's share of the total medical bill, usually expressed as a specific dollar amount paid for a given service, product, or treatment For example, the patient might pay $10 for each visit to a doctor's office, or $40 for hospitalization The patient is usually responsible for payment at the time of the treatment or service The terms copayment and coinsurance are often used interchangeably despite their differences
A fee generally charged by a group health plan for certain preventive services, such as office visits When a copayment applies, the covered individual's coinsurance may be waived Copayments typically are not applied to any deductible the covered individual must meet
In health insurance, this is the percentage the insured pays toward the cost of covered services or a flat fee charged by an HMO or other managed care plan for certain services, such as doctors' office visits, hospital stays or prescription drugs
A cost-sharing arrangement where a plan member pays a set charge for particular services, such as $10 for an office visit The member usually is expected to pay the copayment at the time services are received
{i} fee paid by a member of an HMO upon the receipt of medical care or medications; matching payment made by an employer toward an employee's expenses for health care (or insurance, pension plan, etc.)
A fixed payment that must be paid out-of-pocket by a patient upon receiving health care services In some HMOs, for instance, you pay a $10 copayment for a doctor visit, or a $5 copayment for a prescription
A cost-sharing arrangement in which a consumer pays a specified charge for a specified service (e g , $10 for an office visit) The consumer is usually responsible for payment at the time the service is rendered
The upfront amount that you pay each time you receive health care services When you visit your health care provider, you pay the copayment to the provider, and the plan covers the remaining expenses
a cost-sharing arrangement in which an insured pays a specified charge for a specified service, such as $10 for an office visit The insured is usually responsible for payment at the time the service is rendered This charge may be in addition to certain coinsurance and deductible payments