Which of the following best explains the difference between a deductible and a copay?

A deductible is paid only for the first visit and a copay for every visit.

A deductible is the monthly fee for insurance, and a copay is for office visits.

A deductible means the insurance company pays the entire amount, whereas a copay is the patient’s share.

A deductible is a set amount for medical expenses, and a copay is a set amount for specific services.

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triptivt3 triptivt3 · Answer 1 · 2022-10-15T08:39:00+02:00

A deductible is a set amount for medical expenses, and a co-pay is a set amount for specific services.

The amount you pay for covered health care services before your insurance plan starts to pay.

A co-pay is a fixed cost for a particular service, whereas a deductible is a fixed cost for medical bills.

A deductible is a predetermined dollar number that you must reach before your health insurance provider begins to pay for your care.

Co-pays are often assessed following the payment of a deductible. However, co-pays are typically imposed right away.

To learn more about deductible, refer to the below link:

https://brainly.com/question/3558867

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