Health insurance usually pays less than the total loss incurred by levying out-of-pocket or direct costs...

Health insurance usually pays less than the total loss incurred by levying out-of-pocket or direct costs on the patient. This is known as:

Expert Solution

Deductibles and copayments

Explanation:

Health insurance usually pays less than the total loss incurred by levying out-of-pocket or direct costs on the patient. In fee-for-service provider reimbursement, these are known as deductibles and copayments where deductible is the sum of money that must be paid every year before the policy becomes active and copayment is the amount paid while beneficiary uses the insurance.

keosha answered 2 years ago

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