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copay

verb

  1. to pay a pre-determined portion of a bill that is otherwise covered (usually by insurance)
L1504449 on Wikidata ↗

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.

  1. 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.

  1. To jointly pay with another or others.