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WordNet-Online
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Definitions from the WebCopaysNoun: Copays refer to the fixed amounts of money that an insured individual pays for a covered healthcare service, as specified in their insurance plan. It is a form of cost-sharing between the insurance company and the policyholder. Example sentence: The copays for prescription medications under my health insurance plan are very reasonable. Verb: Copays can also be used as a verb to describe the action of making a copayment for a particular healthcare service. Example sentence: She copays $20 every time she visits her primary care physician. Adjective: The adjective form of "copays", copayable, can be used to describe whether a particular healthcare service or treatment requires a copayment. Example sentence: The newer health insurance plans have fewer copayable services, leading to higher out-of-pocket costs for policyholders. Related Products: | ||||
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