Aug 23, 2025 · A copay is a flat fee you pay out of pocket for services, such as appointments and lab tests, once you've met your deductible.

Copayment A fixed amount ($20, for example) you pay for a covered health care service after you've paid your deductible.

The meaning of CO-PAYMENT is a relatively small fixed fee that a health insurer (such as an HMO) requires the patient to pay upon incurring a medical expense (as for a routine office …

A copay (or copayment) is a fixed amount you pay for a covered health care service, usually at the time you receive the service. It’s common to have separate copay rates for different types …

COPAY definition: a small fixed amount required by a health insurer to be paid by the insured for each outpatient visit or drug prescription. See examples of copay used in a sentence.

A copay is a fixed amount you pay each time you get a specific medical service or see a specific provider. It's different from coinsurance, which is when you pay a percentage of the approved...

Sep 16, 2024 · A copay, also known as a copayment, is a set dollar amount that you may have to pay when you visit an in-network care provider or fill a prescription. You typically pay it to the …

A copayment, also called a copay, is a set dollar amount a patient pays for medical expenses. Not all health plans use copays. For those that do, copays apply to certain services, while other …

A copay applies each time the service is provided. There is a tiered copay system, in which patients pay $10 for generic prescriptions, $25 for preferred brand-name drugs and $40 for …

A patient's copayment or copay is the patient's share of the cost for goods or services rendered, with the other share ("co" = with) paid by the patient's insurance company.