What is the term for the amount a patient pays at the time of service?

The term for the amount a patient pays at the time of service is accurately identified as a copay. A copay is a fixed amount for a specific service or visit that patients are required to pay out-of-pocket when they receive medical care. This structure is commonly used in health insurance plans to share costs between the insurer and the insured.

While there are various terms related to patient payments in healthcare, the concept of a copay specifically refers to that immediate payment at the time the service is rendered, making it the most suitable choice. This mechanism helps manage costs and ensures that patients have a personal financial responsibility in their healthcare, promoting the sensible use of medical services.