Meaning of the word "co pay" in English
What does "co pay" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
co pay
US /ˈkoʊˌpeɪ/
UK /ˈkəʊˌpeɪ/
Noun
a payment made by a beneficiary (especially for health services) in addition to that made by an insurer
Example:
•
My health insurance requires a $20 co-pay for each doctor's visit.
•
Always check your insurance policy for details on your co-pay amounts.