Copayment is a predetermined (flat) fee that an individual pays for health care services, in addition to what the insurance covers. For example, some HMOs require a $10 copayment for each office visit, regardless of the type or level of services provided during the visit. Copayments are not usually specified by percentages.
Related terms: co-insurance, deductible
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"If I'm trying to sell health reform, the smiling waitress with two kids, the laid-off steel worker, and the 7th grader with cancer work better on the campaign posters. Yet for many reasons – some obvious, some not – the health and well-being of ex-prisoners has a disproportionate impact on us all." More...
"Mr. and Mrs. Romney might ponder why so many people whose lives have been altered by chronic disease and disability become passionate supporters of health reform. Some of these advocates directly experience medical-economic hardship. Others have not faced the most punishing financial consequences." More...
Robert Greenstein, President of the Center on Budget Policy and Priorities (CBPP) dubbed Ryan's proposal "Robin Hood in reverse – on steroids. It could likely produce the largest redistribution of income from the bottom to the top in modern U.S. history." More...