_____ is the term used to describe the total amount of the hospital cost that is borne by a patient before insurance coverage becomes effective.
A)Copayment
B)Premium
C)Deductible
D)Coinsurance

Question

Quizplus · Accepted Answer

Deductible is the term used to describe the total amount of hospital cost that is borne by a patient before insurance coverage becomes effective. Copayment refers to a fixed amount paid by the patient for a medical service while coinsurance is the sharing of costs between the patient and the insurer. Premium is the amount paid by the individual to the insurance company for coverage.

_____ Is the Term Used to Describe the Total Amount