Question

Isaiah needs to visit the doctor. The cost of the appointment without insurance is $200.Isaiah has an insurance plan through his employer with a $50 monthly premium and $20 co-pay. How much will Isaiah have to pay his doctor?

a.$0
b.$20
c.$50
d.$200​

Answer 1

b.$20

Step-by-step explanation:

Insurance co-pay is a pre-determined amount that a person with medical insurance pay every time they use medical services. The co-pay is a dollar amount and usually less than $25. Different insurance companies have varying co-pay amounts for different services, such as doctor visits and prescriptions.

Isaiah will pay $20 for a visit to the doctor, as stated in the policy document. The $50 premium is payable to the insurance company every month to maintain the insurance coverage.