Which of the following is the term used for the limitation placed on the amount a third-party payer will reimburse for a service?

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The term used for the limitation placed on the amount a third-party payer will reimburse for a service is the allowed amount. Co-insurance refers to the cost-sharing between the patient and the insurance company after the deductible is met. Deductible is the amount a patient must pay out of pocket before the insurance coverage kicks in. Co-payment is a fixed amount paid by the patient for each visit to a healthcare provider.

Which of the Following Is the Term Used for the Limitation