Chapter 109 Business Math Q&A (1 of 10) Sample Questions

1. In an insurance plan, drug’s price is $29.00 and $6.00 prescription fee. Each time, a patient pays $10.00 for each prescription. What is it called?
  1. A. Coinsurance
  2. B. Co-payment
  3. C. Prescription fee
  4. D. Gross margin
Answer
Ans: B
Tips: Each time patient pays specific amount is co-payment.