Suppose You Go to a Doctor, but Your Health Insurance

question 67

Multiple Choice

Suppose you go to a doctor, but your health insurance plan reimburses you for only 80 percent of the bill. This is an example of

• A) a copayment.
• B) a deductible.
• C) monopsony power.
• D) a deferred benefit plan.

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Definitions:

Customer

An individual or entity that purchases goods or services from a business.

Self-assessment

The process by which individuals evaluate their own skills, performance, and qualities, often in a professional context.

Legal Challenges

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Broad Goals

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