Look up: Co-payment

1. 
   Co-payment
   Co-payment: A payment made by an individual who has health insurance, usually at the time a service is received, to offset some of the cost of care. Co-payments are a common feature of HMO (Health Maintenance Organization) and PPO (Preferred Provider Organization) health plans in the US. Co-payment size may vary depending on the service, generally ...
   Found on http://www.medterms.com/script/main/art.
   
   
2. 
   Consolation payment
   `Consolation payments` is payment given to relatives of civilians who have died accidentally. US Representative John Murtha has said that the United States has paid $5 million in consolation payments to the Iraqis in 2004 and $20 million in 2005.
   Found on http://en.wikipedia.org/wiki/Consolation
   
   
3. 
   Contactless payment
   `Contactless payment` systems are credit cards, key fobs, smartcards or other devices which use RFID for making secure payments. The embedded chip and antenna enable consumers to wave their card or fob over a reader at the point of sale. Some suppliers claim that transactions can be almost twice as fast as a conventional cash, credit, or debit card purchase. Because no signature is typically required for purchases under US$25, some research indic...
   Found on http://en.wikipedia.org/wiki/Contactless
   
   
4. 
   Contractual Payment
   Payment agreed in the original contract with the creditor.
   Found on http://www.cccs.co.uk/glossary/glossary.
   
   
5. 
   copayment
   A provision by which the insured individual shares in the cost of certain expenses. The same as coinsurance. ... (12 Dec 1998) ...
   Found on http://www.mondofacto.com/facts/dictiona
   
   
6. 
   Copayment
   A `copayment`, or `copay`, is a capped contribution defined in the policy and paid by an insured person each time a medical service is accessed. It must be paid before any policy benefit is payable by an insurance company. Copayments do not usually contribute towards any policy out-of-pocket maximums. Insurance companies use copayments to share health care costs to prevent moral hazard. Though the copay is often only a small portion of the actual...
   Found on http://en.wikipedia.org/wiki/Copayment
   
   
7. 
   copayment
   short: copay; A percentage of the charges for which you are responsible when receiving covered services.…
   Found on http://www.oenb.at/dictionary/termini.js