Co-payment definition

Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.
Co-payment means a cost sharing requirement under a health insurance policy that provides that the policyholder/insured will bear a specified percentage of the admissible claims amount. A co-payment does not reduce the Sum Insured.
Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care.

More Definitions of Co-payment

Co-payment means the out-of-pocket charge other than co-insurance or a deductible for an item or
Co-payment means the portion of the approved and agreed upon monthly child care cost for clients receiving child care assistance that the client is required to pay to the child care provider. The department’s payment to the provider is reduced by the co-payment amount.
Co-payment means a cost sharing requirement that the policy holder/insured will bear a specified percentage of the admissible claim amount. A co-payment does not reduce the Sum Insured.
Co-payment means the designated portion (fixed percentage) of the allowed amount that Delta Dental is contractually obligated to pay for a covered procedure, up to the group dental plan maximum for the patient. The patient co-payment is the portion (fixed percentage) of the allowed amount remaining after Delta Dental’s co-payment.
Co-payment means an amount an Enrollee pays for a covered service included in the Benefit Package.
Co-payment means the fixed dollar amount an enrollee pays to a health care provider at the time a covered service is provided or the full cost of a service when that is less than the fixed dollar amount.
Co-payment means the amount you must contribute towards a claim. It is the difference between the amount payable under the Medicare Benefits Schedule and the amount actually charged for the medical service.