Definition

The remaining amount from previous billing periods that is added to your current charges. It is shown on your statement as an ongoing balance.

What to consider

  • Know your copay amounts per service.
  • Review your benefits for copay details.
  • Keep track of copay frequency and limits.

Real world scenarios

  • A reminder on Mark’s bill noted his copay for each doctor visit.
  • Linda’s online statement included a copay reminder for upcoming appointments.
  • John received a notification detailing his copay amount with each service.

Related terms

Healthcare