Answered

IDNLearn.com: Your one-stop destination for reliable answers to diverse questions. Our platform offers reliable and detailed answers, ensuring you have the information you need.

Which of the following is an example of a co-payment?

A. [tex]$100 is written off a patient's account due to a contracted rate with the patient's insurance company.
B. The patient's secondary insurance pays the remaining amount of a bill after the primary insurance has paid.
C. An insurance company pays 80% of the cost of medical services and the insured pays the other 20%.
D. A fixed amount of $[/tex]25 is paid by the patient before she receives service from the provider.

Sagot :

GinnyAnsweridn

Final answer:

A co-payment is a fixed amount that the insured individual pays out of pocket for a specific healthcare service before the insurer covers the remaining cost.


Explanation:

A co-payment is the amount that the insured person must pay out of pocket before the health insurer pays for a particular visit or service. It is a fixed cost that the individual pays each time they receive a specific service, such as a doctor's visit or prescription.

For example, if a patient has to pay a fixed amount of [tex]$25 before receiving services from a provider, that $[/tex]25 is an example of a co-payment.

Co-payments are one form of cost-sharing to reduce moral hazard and ensure individuals share the financial responsibility of their healthcare.


Learn more about Co-payment in health insurance here:

https://brainly.com/question/36690074


Your participation means a lot to us. Keep sharing information and solutions. This community grows thanks to the amazing contributions from members like you. Your questions find clarity at IDNLearn.com. Thanks for stopping by, and come back for more dependable solutions.