Final answer:
The payment that a patient pays at the time of a prescription transaction is decided based on cash or insurance copayment.
Step-by-step explanation:
The payment that a patient pays at the time of a prescription transaction is decided based on cash or insurance copayment.
Cash payment refers to when the patient pays the full amount out of their pocket without any insurance coverage. This is common for patients who do not have health insurance or for medications that are not covered by their insurance.
Insurance copayment, on the other hand, is the fixed amount that the patient pays for a prescription medication, while the insurance company covers the remaining cost. This amount is predetermined by the insurance plan and can vary depending on the medication and insurance policy.