Coinsurance refers to:
A) the amount a patient must pay each year before benefits begin.
B) a set amount a patient must pay at the time of service.
C) a percentage of allowable charges the patient must pay.
D) the amount of out-of-pocket expenses a patient must pay.
Correct Answer:
Verified
Q49: A provider's usual charge for a service
Q50: The section of the EOB that indicates
Q51: The patient is responsible for the difference
Q52: An explanation of benefits (EOB) is notification
Q53: What is the benefit specified in an
Q55: The resource-based fee structure takes into account
Q56: The deductible under most insurance plans applies
Q57: The Medicare Fee Schedule (MFS) is based
Q58: The difference between the billed amount and
Q59: Seventy-five percent of the physician's work value
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