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copayment

/kəʊˈpeɪmənt/ noun · British & US
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What does copayment mean?

noun

A fixed amount that a person must pay for a medical service or treatment, in addition to any insurance coverage.

Example

"The doctor's office required a $20 copayment for the office visit."

Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.

Etymologically related

Synonyms for copayment

Antonyms of copayment

Rhymes with copayment