a patient receives an explanation of benefits stating services will not be covered because out - of - pocket…

a patient receives an explanation of benefits stating services will not be covered because out - of - pocket medical expenses have not been met. the amount owed is defined as which of the following? deductible copayment allowed amount coinsurance

a patient receives an explanation of benefits stating services will not be covered because out - of - pocket medical expenses have not been met. the amount owed is defined as which of the following? deductible copayment allowed amount coinsurance

Answer

Brief Explanations:

A deductible is the amount a patient must pay out - of - pocket for medical services before the insurance company starts covering costs. Copayment is a fixed amount paid by the patient for a covered service. Allowed amount is the maximum amount an insurer will pay for a covered service. Coinsurance is the percentage of costs the patient pays after meeting the deductible. Since services are not covered because out - of - pocket expenses haven't been met, this refers to the deductible.

Answer:

A. Deductible