Fee-For-Service Health Insurance Policies Generally Limit What a Patient Must

question 15

Multiple Choice

Fee-for-service health insurance policies generally limit what a patient must pay on their own,which is referred to as the:

• A) cap rate.
• B) maximum pay.
• C) limited amount.
• D) out-of-pocket maximum.

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Definitions:

Choosing

The process of making a selection from a range of options or possibilities.

Week

A time unit consisting of seven days.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1 where 0 indicates impossibility and 1 indicates certainty.

Flipping

The act of turning something over to its opposite side or changing its position, often used metaphorically to describe a dramatic change in perspective or situation.