4
AssignmentMultiple Choice

Health Insurance

Question 4 • *GV 2018 - P.E. Health Science - PE201

What is a co-pay?

Answer
A
fixed percentage a patient must pay of the cost of a healthcare service
B
fixed amount of money a patient must pay directly to a healthcare provider
C
fixed amount of money a patient must pay for healthcare services every year before the insurance company will begin to pay

Explanation

A co-pay is a set dollar amount the patient pays for a healthcare service, often at the time of the visit. So the correct choice is “fixed amount of money a patient must pay directly to a healthcare provider.” Choice A describes coinsurance, while choice C describes a deductible.

AI-written and checked against the verified answer.

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