copay

American  

[koh-pey] / ˈkoʊˌpeɪ /

noun

1. a small fixed amount required by a health insurer to be paid by the insured for each outpatient visit or drug prescription.

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Etymology

Origin of copay

1970–75

Example Sentences

See Examples For:

copay

The weight-loss drugs come with a $50 monthly copay that doesn’t count toward the plan’s deductible or out-of-pocket limit.

From MarketWatch ● Jun. 30, 2026

Patients are responsible for a $50 copay on the medication and must also be enrolled in Medicare Part D drug benefits.

From Barron's ● Jun. 30, 2026

The French drugmaker has signaled Dupixent U.S. prices in the first quarter won’t see step down associated with increased patient copay assistance, while prescription data point to continued strong demand, according to UBS.

From The Wall Street Journal ● Apr. 10, 2026

The copay — the amount insured patients must pay out of their own pocket — is often tied to a drug’s list price.

From MarketWatch ● Apr. 7, 2026

“When you go to urgent care, you pay a $75 copay, and they’re like, ‘it’s viral and there’s nothing we can do for you,’” Jespersen said.

From Salon ● Jan. 20, 2026