copay
verb
- to pay a pre-determined portion of a bill that is otherwise covered (usually by insurance)
Wiktionary
Pronunciation: /ˈkoʊˌpeɪ/
noun
Etymology: Etymology tree Proto-Indo-European *ḱe? Proto-Indo-European *ḱóm Proto-Italic *kom Proto-Italic *kom- Latin con- Latin co-der. English co- English pay English copay From co- + pay.
- A copayment.
“The White House announced that, starting next year, Medicare copays for insulin will be capped at $35. Recipients who select drug plans with the new benefit could save about $450 a year.”
verb
Etymology: Etymology tree Proto-Indo-European *ḱe? Proto-Indo-European *ḱóm Proto-Italic *kom Proto-Italic *kom- Latin con- Latin co-der. English co- English pay English copay From co- + pay.
- To jointly pay with another or others.