a patient is refilling a prescription for the first time this year. they usually pay $5.00, but today, the…

a patient is refilling a prescription for the first time this year. they usually pay $5.00, but today, the insurance has adjudicated the claim for the cash price to $17.99. the pharmacy technician explains which of the following insurance terms to the patient that describes the price increase?

a patient is refilling a prescription for the first time this year. they usually pay $5.00, but today, the insurance has adjudicated the claim for the cash price to $17.99. the pharmacy technician explains which of the following insurance terms to the patient that describes the price increase?

Answer

Brief Explanations:

A deductible is the amount a patient must pay out - of - pocket before insurance starts covering costs. A co - pay is a fixed amount a patient pays for a covered service. Co - insurance is the percentage of costs a patient pays after meeting the deductible. Premium is the amount paid regularly for an insurance policy. The price increase here is likely due to the deductible not being met yet, so the patient is paying more.

Answer:

Deductible