What Is Copayment?
A flat, fixed dollar amount the insured pays for a specific covered service, such as a doctor visit or prescription, at the time the service is received.
Copayment across 2 exams
Copayment appears on the following exams. Each defines it in the context candidates are tested on:
- Health Insurance
- A flat, fixed dollar amount the insured pays for a specific covered service, such as a doctor visit or prescription, at the time the service is received.
- Health-Only Insurance
- A flat, predetermined fee the insured pays for a specific covered service, such as a doctor visit or prescription. It is paid at the time the service is received.