A patient may be required to pay a percentage of the cost of their health care above the fixed fee they pay.This is known as
A)The deductible
B)Co-insurance
C)Fee-for-service
D)The health care tax
E)Medicare tax

Question

Quizplus · Accepted Answer

The situation described in the question is the definition of co-insurance, where the patient is responsible for a percentage of the cost of their healthcare above the fixed fee they pay. A deductible is a fixed amount that the patient must pay before the insurance coverage kicks in. Fee-for-service is a payment model where the healthcare provider is paid for each service they provide, rather than receiving a fixed salary. Health care tax and Medicare tax are not relevant to the question.

A Patient May Be Required to Pay a Percentage of the Cost