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copayment

[koh-pey-muh nt]
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noun
  1. a contributory payment by an employer, usually matching that of an employee, toward the payment of health-care or life-insurance premiums, a pension fund, etc.
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Origin of copayment

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for copayment

copayment

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