different between copayment vs copay

copayment

English

Etymology

co- +? payment

Noun

copayment (plural copayments)

  1. (US) A fixed fee paid by subscribers to a medical insurance scheme for each treatment or service in addition to a membership fee.

Synonyms

  • copay

Hypernyms

  • cost-sharing requirement

Coordinate terms

  • coinsurance
  • deductible

copayment From the web:



copay

English

Etymology

co- +? pay

Pronunciation

  • (General American) IPA(key): /?ko??pe?/

Verb

copay (third-person singular simple present copays, present participle copaying, simple past and past participle copaid)

  1. To jointly pay with another or others.

Noun

copay (plural copays)

  1. A copayment.

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