copayment

[ koh-pey-muhnt ]

noun

1. a contributory payment by an employer, usually matching that of an employee, toward the payment of healthcare or life-insurance premiums, a pension fund, etc.

copayment

/ kəʊˈpeɪmənt /

noun

1. a fee paid by a subscriber to a service for the use of additional services not covered by the subscription

Word History and Origins

Origin of copayment¹

co- + payment

Example Sentences

You go in, you pay a copayment, you see the health care professional, and you’re on your way home.

From Washington Blade

Abolish copayment for the unemployed, students, the handicapped, and poor pensioners.

From The Daily Beast