copayment

American  

[koh-pey-muhnt] / koʊˈpeɪ mənt /

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.

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copayment British  

/ kəʊˈpeɪmənt /

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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Etymology

Origin of copayment

co- + payment

Example Sentences

But to gain access to the Medicare market, the company has agreed to sell either drug for $245 plus a $50 patient copayment.

From The Wall Street Journal • Nov. 13, 2025

Medicare copayment for eligible beneficiaries will be $50.

From Barron's • Nov. 6, 2025

Millions of people get screened for breast, colorectal, lung, or cervical cancer each year, she said, adding there is evidence showing any kind of copayment or deductible deters people from getting such testing.

From Scientific American • Mar. 31, 2023

Meanwhile, public policy experts say many private insurers will continue to cover Paxlovid, although patients may face a copayment, at least until they meet their deductible, just as they do for other medications.

From Seattle Times • Feb. 13, 2023

An $11,600 copayment is already cost-prohibitive for the vast majority of Americans.

From Salon • Dec. 4, 2021