copayment

[ koh-pey-muhnt ]
/ koʊˈpeɪ mənt /

noun

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.

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Origin of copayment

Words nearby copayment

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

British Dictionary definitions for copayment

copayment
/ (kəʊˈpeɪmənt) /

noun

a fee paid by a subscriber to a service for the use of additional services not covered by the subscription
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Medical definitions for copayment

copayment
[ kōpā′mənt ]

n.

A fixed fee that subscribers to a medical plan must pay for their use of specific medical services covered by the plan.
The American Heritage® Stedman's Medical Dictionary Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.