Examlex
Discuss each of the categories of Perrow's framework.Give examples of each.
Deductible
The amount paid out of pocket by the policyholder before an insurance company will cover the remaining costs attributed to a claim.
Policyholder
An individual or entity that owns an insurance policy, thereby having the insurance cover for specified risks.
Copayment
A fixed amount paid by a patient for healthcare services, with the remaining balance covered by their insurance plan.
Deductible
The amount a person must pay out-of-pocket before an insurance company will cover the remaining costs of a claim.
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