Definition of Copay or copayment from the PharmacyDictionary.in

Copay or copayment

Synonyms or meaning of Copay or copayment

This is a cost-sharing arrangement in which a covered person pays a specified charge for a specified service, such as $15 for an office visit or a prescription. It includes different structures based on whether drugs are multisource (generic) or single-source (brand-name).

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