When the Cost of Care Is Based on the Patient's

question 45

Short Answer

When the cost of care is based on the patient's ability to pay, it is referred to as a(n) _________________________.

---

Definitions:

Principal

The main party to a transaction, agreement, or contract, often responsible for fulfilling the obligations set within.

Third Persons

Individuals who are not a direct party to a legal agreement or transaction but may be affected by it or have certain rights or obligations related to it.

Consideration

Something of value exchanged between parties in a contract, making the agreement binding and legally enforceable.

Authorized

Having official permission or approval.