co·pay

[koh-pey]
noun
a small fixed amount required by a health insurer to be paid by the insured for each outpatient visit or drug prescription.
Also called copayment, [koh-pey-muhnt]


Origin:
1970–75

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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00:10
Copay is always a great word to know.
So is callithumpian. Does it mean:
a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes.
a scrap or morsel of food left at a meal.
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Example sentences
No copay on all smoking cessation prescription drugs.
There are two inpatient copay rates, the full rate and the reduced rate.
Copays do not apply to your deductible, coinsurance, or out-of-pocket maximum and not all services require a copay.
Fill only one cavity per visit to increase the copay per procedure.
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