Copay Meaning

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Ezdrummer 2 full descargar. Copay: A copay is the amount you pay when you get a prescription illed. Train hornz. This could mean a ixed copay (for example, $10 for a generic drug or $80 for a brand-name drug) or a percentage (for example, 20 percent of the total cost of a medication). Annual out-of-pocket maximum: The most that you will have to pay out-of-pocket during the plan year. A copay is a fixed amount you pay for a health care service, usually when you receive the service. Bdp3000 region free. The amount can vary by the type of service. How it works: Your plan determines what your copay is for different types of services, and when you have one. You may have a copay before you’ve finished paying toward your deductible.


Also found in: Dictionary, Financial.
Related to Co-pay: co-insurance, Pre-Existing Condition

copayment

(kō′pā′mənt)n.Copay Meaning
A specified sum of money that patients covered by a health insurance plan pay for a given type of service, usually at the time the service is rendered.
Copay meaning in medical billing
The American Heritage® Medical Dictionary Copyright © 2007, 2004 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.
Copay MeaningHealth

co·pay·ment

, copay (kōpā-mĕnt, kōpā)
A fixed or set amount paid for each health care or medical service; the remainder is paid by the health insurance plan. In common parlance, copay is the term used.
See also: coinsurance, cost sharing
Synonym(s): out-of-pocket costs, out-of-pocket expenses.
Medical Dictionary for the Health Professions and Nursing © Farlex 2012
Copay Meaning

co·pay·ment

, copay (kōpā-mĕnt, kōpā

Insurance Copay Meaning

)
That portion of a dental care charge for which the patient herself, rather than a third party payor (i.e., insurer), is responsible.
Medical Dictionary for the Dental Professions © Farlex 2012

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