Question

A copayment is a fixed cost to the patient each time a service is rendered (e.g.,...

A copayment is a fixed cost to the patient each time a service is rendered (e.g., $20 per outpatient visit).

True
False

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Medicaid is a federal-state health insurance program that primarily covers low-income individuals and families.

Question 16 options:

True
False

A deductible is the dollar amount that must be spent on healthcare services (e.g., $1,000 per year) before any benefits are paid by the insurer.

True
False

Homework Answers

Answer #1

1.False.

Actually copayments or copay is a  fixed amount paid by a patient before receiving the service to the service provider. It is actually covering under insured policies where it is paid by an insured persons for receiving the medical services. It is only a small part of actual cost.

2.True.

Under U S government Medicaid is a public health insurance policy covered by poor income families or individuals. It is available for all age of individuals whose resources are not available to meet the health care .

3.True

It is the amount paid by the insurance holder for health care services before the insurance provider started paying the expenses.

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