copayment
noun as in strong fondness
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Example Sentences
Example:The health insurance policy requires a cost-sharing mechanism, which includes copayments for certain services.
Definition:The practice where the cost of a service or product is shared between the provider and the recipient, often through a fixed amount or a percentage.
From cost-sharing
Example:The co-pay for my dental visit is $30.
Definition:A set fee that a patient must pay when visiting a healthcare provider or pharmacy, often associated with health insurance plans.
From co-pay
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