The amount an insured person must pay at the time of an office visit,when picking up a prescription,or before a hospital service is known as the

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The copayment is the amount an insured person must pay at the time of an office visit,when picking up a prescription,or before a hospital service.The premium is the monthly fee a person must pay for health care insurance coverage.The deductible is the yearly amount an insured person must spend out-of-pocket for health care services before a health insurance policy will begin to pay its share.Coinsurance is the percentage of the total bill paid by the insured person after a deductible has been met.The remainder is paid by the insurance company.

The Amount an Insured Person Must Pay at the Time