Asked by Natalie Medina on Jun 18, 2024
Verified
Patients who belong to a managed care health plan, such as an HMO, are responsible for a small per-visit fee collected at the time of the visit. This fee is commonly called a(n) ____.
A) copayment
B) premium
C) coinsurance
D) capitation
E) deductible
Managed Care
A health care delivery system organized to manage cost, utilization, and quality, often through contracted arrangements with providers.
HMO
Health Maintenance Organization; a medical insurance group that provides health services for a fixed annual fee.
Copayment
A fixed or set amount paid for each healthcare or medical service; the remainder is paid by the health insurance plan. Also called a copay.
- Identify the financial responsibilities of patients within various health insurance plans, such as copayments, premiums, deductibles, and coinsurance.
Verified Answer
MZ
Mengchan ZhangJun 22, 2024
Final Answer :
A
Explanation :
A copayment is a fixed fee that patients pay at the time of receiving a healthcare service, which is common in managed care health plans like HMOs.
Learning Objectives
- Identify the financial responsibilities of patients within various health insurance plans, such as copayments, premiums, deductibles, and coinsurance.