A ________ is based on a percentage of the total charge rather than a fixed amount.

Question

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A co-insurance is based on a percentage of the total charge, meaning that the patient pays a certain percentage of the total cost of a medical service or treatment after the deductible has been met. A deductible is a fixed amount that must be paid before insurance coverage begins, a co-payment is a fixed fee that must be paid for a specific medical service, and a premium is the amount paid for insurance coverage.

A ________ Is Based on a Percentage of the Total