copayment

[ koh-pey-muh nt ]
/ koʊˈpeɪ mənt /

noun

a contributory payment by an employer, usually matching that of an employee, toward the payment of health-care or life-insurance premiums, a pension fund, etc.

Origin of copayment

co- + payment

Words nearby copayment

coparcener, copartner, copartnership, copasetic, copay, copayment, copd, cope, copeck, copehan, copemate

British Dictionary definitions for copayment

copayment
/ (kəʊˈpeɪmənt) /

noun

a fee paid by a subscriber to a service for the use of additional services not covered by the subscription