Chapter 54 Business Math (TECH) Q&A (1 of 11) Sample Questions

1. In the insurance plan, drug price is $29.00 and $6.00 prescription fee. Every time, this patient pays $10 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.