Author Question: What is the difference between coinsurance and copayment? a. Coinsurance covers everything but ... (Read 76 times)

londonang · **on:** Jun 27, 2018

What is the difference between coinsurance and copayment?

a. Coinsurance covers everything but the out-of-pocket expense for the insured.
b. Coinsurance is a percentage and usually has a limit.
c. Copayment pays for the balance of all expenses.
d. Copayment requires that a relative of the insured make all payments.

Question 2

Which of the following is NOT a reason that second surgical opinions are sought by insurance companies?

a. To verify that another physician recommends surgery for the patient.
b. To ensure that the diagnosis of diseases and recommendation of treatments are accurate
c. To investigate alternative and less invasive treatment
d. to ensure a long waiting period for treatment