Question 23 • AA - S26 Introduction to Healthcare Science
Health insurance plans commonly include premiums, co-pays, co-insurance, and deductibles. A premium is the regular cost of coverage; co-pays and co-insurance are amounts you pay for care, and a deductible is what you pay before the plan begins sharing certain costs. “Bill adjustments” are not a standard plan component, while Medicare and Medicaid are government programs.
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