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What is a patient paying if $500 must be paid in order to receive insurance?

A. Insurance coverage
B. Insurance premium
C. Liability costs
D. Risk management costs

Sagot :

GinnyAnsweridn

Final answer:

When a patient pays [tex]$500 for insurance, it is called the insurance premium, which is the regular payment made to the insurer to maintain health coverage.


Explanation:

When a patient pays $[/tex]500 to receive insurance coverage, this payment is known as the insurance premium. The insurance premium is the amount that a policyholder must pay to a health plan in order to purchase health coverage. It is a regular payment made to the insurer to maintain coverage.


Learn more about Health insurance premium here:

https://brainly.com/question/43217584


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