copay

Definition

The amount an insured person is expected to pay for a medical expense at the time of the visit.

Cite this definition

Related Terms

health insurance, benefit, premium, coinsurance

Related Research Articles from the InvestorGuide.com University

Health Insurance
Learn about the various kinds of health insurance available, including HMOs, PPOs, FFS plans, and Medicare.  Find information about the advantages and disadvantages of each type of plan to help you decide what plan is best for you.

Homeowner's Insurance
Experts say that even if a mortgage is paid off, homeowner's insurance is still a good buy. This article describes different types of homeowner's insurance, and basic information on filing claims.

Car Insurance
If you drive a car, you need to buy insurance. In many areas, it's mandated by law, and in any case, its worth protecting yourself against the high costs of accidents. Learn about the different policy types, liability, filing claims, and reducing your premiums in order to find the insurance policy that's right for you


Featured Sponsor


Give this definition a rating from 1 to 5 (5 being the best)...
1    2    3    4    5    



Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Add this Glossary to your Site | Bookmark InvestorWords.com
Home | Terms by Subject | Keyword Advertising | About Us | Contact Us
Work for InvestorWords.com
BusinessDictionary.com | InvestorGuide.com | WebFinanceInc.com
Disclaimer and Copyright©

Copyright©1997-2008 by WebFinance, Inc. All Rights Reserved.
Unauthorized duplication, in whole or in part, is strictly prohibited.