Question

What are the three components that make up the fees covered by Pharmacare?

Answer 1

Pharmacare covers fees through a monthly fee, deductible charges, and copayments.

Step-by-step explanation:

The three components that make up the fees covered by Pharmacare are:

1. Monthly fee: Participants pay a monthly fee as part of the insurance system. This fee is paid regularly to ensure coverage for healthcare costs outside of hospital stays.
2. Deductible charges: Participants also have to pay a deductible amount before the insurance coverage starts. The deductible charges are a set amount that needs to be paid out-of-pocket.
3. Copayments: In addition to the monthly fee and deductible charges, participants also have to pay copayments for specific medical services. Copayments are a fixed amount that the participant pays for each visit or service.