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copay

[koh-pey]

noun

  1. a small fixed amount required by a health insurer to be paid by the insured for each outpatient visit or drug prescription.



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Word History and Origins

Origin of copay1

1970–75
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Example Sentences

Examples have not been reviewed.

So that’s a pretty long runway—create a copay for adults who are undocumented in 2027.

From

Even middle-class people who can afford a copay struggle to find the time to do so.

From

Previously, most people could get the vaccine, often with no copay, by breezing into a pharmacy while grocery shopping.

From

Nikole Benders-Hadi, chief medical officer of Talkspace, said patients often can use their insurance to get therapy on the platform, at a typical cost of a $10 copay.

From

In fact, insurance companies typically set coinsurance and copay amounts based on a drug's original list price, not the negotiated price.

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