In health insurance, a copayment is:
A. The maximum amount the insurer will pay for a claim.
B. The percentage of medical expenses the insured must pay out of pocket.
C. The fixed amount the insured must pay for certain healthcare services.
D. The amount the insured receives from the insurer for a covered medical expense.
Answer:C
In health insurance, a copayment is:
A. The maximum amount the insurer will pay for a claim. B. The percentage of medical expenses the insured must pay out of pocket. C. The fixed amount the insured must pay for certain healthcare services. D. The amount the insured receives from the insurer for a covered medical expense.