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Copayment
COPAYMENT

Definition: (insurance) Type of cost-sharing in which the insured pays a specified flat amount per unit of service (e.g., $2 per visit, $10 per inpatient hospital day), with the insurer paying the rest of the cost.
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See perfect particularity (1).

See perfect payment (1).

See perfect type (2).

See perfect method (1).

See perfect share (3).

See perfect insurance policy.

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