Final answer:
Co-payments from patients with managed-care plans are typically collected at the time of their medical visit.
Step-by-step explanation:
Co-payments from patients with managed-care plans are typically collected at the time of service. This means that when a patient has an appointment, receives treatment, or picks up a prescription, they are expected to pay the co-pay amount required by their health insurance plan. Insurance companies offer plans with varying structures of co-payments and premiums to cater to different customer needs. Co-payments from patients with managed-care plans are typically collected at the time of their medical visit. A co-payment is a fixed amount that the patient pays for each visit or service, regardless of the actual cost of the care. For example, a patient may have a co-payment of $20 for an office visit. This amount is collected by the healthcare provider at the time of the visit.