POS Terminology
Quiz by Kylinna Sherwin
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7 questions
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- Q1Flat rate per visit the patient must pay out of pocketCopay120s
- Q2Patient that does not have any active insurance making the patient solely responsible for charges rendered for services.Self pay120s
- Q3Percentage indicating how a patient and payor will share the cost of a healthcare bill.Coinsurance120s
- Q4Expected amount the patient will owe based on their benefits and projected services. The total liability may be different if services or benefits change.Estimate120s
- Q5Amount the patient must pay out-of-pocket annually before the health plan pays its share.Deductible120s
- Q6The maximum dollar amount that a patient will be responsible for (sometimes excluding copays). After this is reached, insurance will begin paying 100% of covered charges.Out of pocket maximum120s
- Q7Amount collected at time of service towards identified patient liability.Deposit120s