copayment

/ˈkoʊˌpeɪmənt/
noun
  1. A fixed amount of money a patient pays for a medical service or prescription, with the rest covered by insurance.
    • Many plans have a separate copayment for brand-name drugs.
    • The copayment for an emergency room visit is $100.
    • You can check your copayment amount on the insurance card.
What does "copayment" mean? | whatsthatwordmean | whatsthatwordmean