Fee-for-service health insurance policies generally limit what a patient must pay on their own,which is referred to as the:
A) cap rate.
B) maximum pay.
C) limited amount.
D) out-of-pocket maximum.

Question

Quizplus · Accepted Answer

Fee-for-service health insurance policies have an out-of-pocket maximum limit that determines the maximum amount a patient has to pay before their health insurance plan covers the rest of their healthcare expenses. This limit typically includes deductibles, co-payments, and coinsurance expenses. Once the out-of-pocket maximum is reached, the insurance company will cover all additional expenses for the remainder of the policy year.

Fee-For-Service Health Insurance Policies Generally Limit What a Patient Must