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copayment

[koh-pey-muh nt] /koʊˈpeɪ mənt/
noun
1.
a contributory payment by an employer, usually matching that of an employee, toward the payment of health-care or life-insurance premiums, a pension fund, etc.
Origin of copayment
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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British Dictionary definitions for copayment

copayment

/kəʊˈpeɪmənt/
noun
1.
a fee paid by a subscriber to a service for the use of additional services not covered by the subscription
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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