the amount an insured patient must pay towards claims each year for the insurance company will pay for medical treatment is known as the_____?

Quesiton : the amount an insured patient must pay towards claims each year for the insurance company will pay for medical treatment is known as the_____?

Answer: deductible

the amount an insured patient must pay towards claims each year for the insurance company will pay for medical treatment is known as the_____? The amount an insured patient must pay toward claims each year before the insurance company will pay for medical treatment is known as the _____. deductible Instructions to an insurance company about where and to whom to … the amount an insured patient must pay towards claims each year for the insurance company will pay for medical treatment is known as the _____? deductible instructions to an insurance company about where and to whom to make payment are called_____? Under the Patient Protection and Affordable Care Act (ACA) also known as ObamaCare by Jan. 1 2014 every American will be required to have health insurance or pay a penalty. Individuals who are not insured will be able to purchase health insurance through exchanges set up by the states and the federal government. Premium - The amount paid by an insured to an insurance company to obtain or maintain an insurance policy. Premium load - An amount deducted from each life insurance premium payment which reduces the amount credited to the policy. A predetermined amount that the insured must pay each year before the insurance company will pay for an illness or injury is also known as a(n) _____. A. … Medical >> final study guide for hit 296; Shared Flashcard Set. Details. Title. ... _____IS AN AMOUNT THAT AN INSURED MUST PAY TO THE PROVIDER BEFORE THE INSURANCE BENEFITS BEGIN: Definition. DEDUCTIBLE: Term. ... EACH STATE'S INSURANCE COMMISSIONER IS THE REGULATORY AGENC;Y FOR THE INSURANCE INDUSTRY AND SERVES AS A LIAISON BETWEEN THE PATIENT ... Which of these terms is the amount of money you must pay each year to cover your medical care expenses before your insurance policy starts paying? ... a fixed amount each day the insured is ... Contact information for the insurance company including phone number website and address for submitting claims . Once you’ve got the insurance information in-hand you should contact the insurance company to verify the following pieces of information: 1. Patient is indeed covered by the insurance. 2. Insurance coverage effective dates. 3. 174 Responses to Insured patients can save money by pretending to be uninsured. DR. Mike ... $500 and that she would most likely not be charged more than the self pay amount . The patient stated that she would have to pay approximately $3 000 after her deductible and all (co- insurance or co-pays). ... as a participating provider according … The fixed amount you must pay to use a covered service. For example you may be required to make a $20 co-payment for each office visit. ... clinic or hospital must agree to certain discounts and cannot charge more than the discounted amount to a particular patient ’s insurance company . If You Have Questions. ... Word About the …