Which of the following terms describes a predetermined amount of money a patient must pay before an insurance company will cover expenses for additional services?

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A deductible is a predetermined amount of money a patient must pay before an insurance company will begin to cover additional costs. Deductibles can vary greatly, depending on the insurance company and plan the patient is covered under. The deductible must be paid in full, before the insurance will begin to issue payment for services the patient has received.

Which of the Following Terms Describes a Predetermined Amount of Money