How Much Would Be Owed by the Patient on a $3,000

question 12

Short Answer

How much would be owed by the patient on a $3,000 bill if a PPO uses a discount on charge arrangement wherein the percentage paid to the provider is 70 percent and the patient's co-pay,as specified by the PPO,is 20 percent?
(a)$600
(b)$700
(c)$420
(d)$200

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Definitions:

On-shoring

The practice of bringing business operations back to the company's country of origin from overseas to improve control and reduce costs.

Intermediate Vehicle Carriers

Companies or services that provide transportation of goods between primary carriers and final delivery points.

Small Package Carriers

Companies that specialize in the shipment of small parcels or packages, typically offering services like rapid delivery and tracking capabilities.