Definitions for "Co-pay"
Agreed amount of the charges for medical services that patients or guarantors must pay.
An amount a recipient must pay as a share of the cost of a service.
The amount of money your health plan requires you to pay as part of the cost of a service or benefit. This must be paid when the service is provided. Your health plan might use different co-pays for different services, medications or supplies.
Keywords:  pocket, cent, payable, coverage, claim
The percentage of a claim for products or services payable by the plan member. A provision in a member's coverage that limits the amount of coverage by the plan to a certain percentage, commonly 80 per cent. Any additional costs are paid by the member out of pocket.
Out-of-pocket expenses