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Copayment or copay

A copayment is your portion of the cost paid for healthcare services, in addition to what your insurance covers. Copayments are pre-set flat fees, i.e., you may pay a $10 copayment for each office visit, regardless of the type of services provided.

Other Glossary Terms

• Coinsurance
• Copayment or copay
• Deductible
• Health Maintenance Organization
• Health Savings Account or HSA
• High Deductible Health Plan or HDHP
• HMO
• In-Network
• Out-of-pocket maximum or out-of-pocket limit
• PPO
• Preferred Provider Organization or PPO