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co-pays

 

Definitions from the Web

Co-pays

Description:

Co-pays, short for co-payments, refer to the fixed amount of money that individuals are required to pay out-of-pocket for medical services or prescription drugs. It is a form of cost-sharing between the insured person and the insurance provider.

Sample Sentences:

Noun:
1. The insurance plan has a co-pay of $20 for each doctor's visit.
2. Many healthcare policies require patients to make co-pays for prescription medications.

Related Products:
You can find a variety of books and resources on health insurance and understanding co-pays on Amazon. Additionally, if you're looking for books specifically on medical billing and insurance terminology, you may find them here.

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