co-pay
nounUK /ˈkəʊ.peɪ/
US /ˈkoʊ.peɪ/
A small amount of money you pay when you get medicine or see a doctor.
My mom paid a ten-dollar co-pay at the pharmacy.
RELATED WORDS
OTHER MEANINGS
2. A shared cost split between two parties.
The co-pay for the repair was split between the roommates.
3. A small fee paid each time you use a service.
The gym charges a co-pay for each personal training session.
4. The portion of a bill a patient pays after insurance.
After insurance, her co-pay for the visit was just five dollars.