Copayment amount definition
Examples of Copayment amount in a sentence
Your Cost Share includes any: • Deductible; • Copayment amount; and • Coinsurance amount.
The Co-payment amount or Co-insurance percentage you pay for a Prescription Drug Product will not exceed the Usual and Customary Charge of the Prescription Drug Product.
Refer to your Summary of Benefits and Coverage for your Cost Sharing (Deductible, Coinsurance and/or Copayment) amount.
Refer to your Summary of Benefits and Coverage for your Cost Sharing (Deductible, Coinsurance, and/or Copayment) amount.
While Your Coinsurance financial responsibility may also be collected by the Provider at the time services are performed, the Provider may choose to bill You for these services after they have submitted the claim to Us. Cost sharing for services with Copayments is the lesser of the Copayment amount or Negotiated Fee Rate.
Additionally, certain Physician office visits may have a Copayment amount that is different than the one stated here.
The Copayment amount shall not exceed 50% of the total cost of the services provided.
The Copayment amount for a preferred Formulary prescription insulin drug or a Medically Necessary alternative will be Covered at an amount not to exceed a total of $25.00* per 30-day supply.
If the Plan’s contracted rate for the prescription is less than the Subscriber’s Copayment amount, the Sub- ▇▇▇▇▇▇▇ is responsible for payment of the contracted rate only.
The Copayment amount for a preferred Formulary prescription insulin drug or a Medically Necessary alternative will be Covered at an amount not to exceed a total of $25.00 per 30-day supply.