Question

Co-insurance is:
Select one:
a. a set amount the subscriber pays for each medical service.
b. a percentage the subscriber is required to pay of every medical bill.
c. the amount the subscriber must pay before the insurance begins to pay.
d. none of the above.

Answer 1

Answer:

Option D

Explanation:

Co-Insurance is risk sharing between one or more parties. it is divided into percentage what each party involved is required to pay.

None of the above options explains this concept of insurance that involves multiple parties.