Question

Patients who belong to a managed care health plan, such as an HMO, are responsible for a small per-visit fee collected at the time of the visit. This fee is commonly called a(n) ____.

A) Deductible
B) Premium
C) Coinsurance
D) Copayment

Answer 1

Patients who belong to a managed care health plan are responsible for a small per-visit fee at the time of the visit. This fee is commonly called a Copayment.

Step-by-step explanation:

Patients who belong to a managed care health plan, such as an HMO, are responsible for a small per-visit fee collected at the time of the visit. This fee is commonly called a(n) Copayment. A copayment is a fixed fee that an insurance policy-holder must pay before receiving services. It is a form of cost sharing that discourages moral hazard by requiring the insured party to bear some of the costs before collecting insurance benefits.