Every time the insured receives covered medical services, the insured is responsible for paying a set dollar amount known as the
A. Stop-loss limit.
B. Coinsurance.
C. Deductible.
D. Copayment.

A copayment, or copay, is the fixed dollar amount an insured individual pays for covered medical services each time they receive care. Other terms like deductible, coinsurance, and stop-loss limit refer to different aspects of insurance costs. The correct answer to the question is D. Copayment. ;

Answered by GinnyAnswer | 2025-07-07

A copayment, or copay, is a fixed dollar amount that an insured person pays for covered medical services at the time of care. It differs from other insurance terms like deductible and coinsurance, which refer to different payment structures associated with health insurance. The correct answer to the question is D. Copayment .
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Answered by Anonymous | 2025-07-08