ECONOMICS Helathcare--freshman

flat fee paid each time they receive healthcare

• co-pay

• deductible

• co-insurance

• premium

monthly amount paid to insurance company for health insurance coverage

• premium

• deductible

• co-insurance

• co-pay

the money a person pays before the insurance policy provides benefits

• deductible

• premium

• co-pay

• co-insurance

Bill $1000--Deductible $500

Insurance pays

• $500

• $1000

• $1500

• nothing

Is usually a 80/20 split

• co-pay

• co-insurance

• deductible

• Banana split?

The higher the premium

• the better the insurance

• insurance is less

• the more money the hospital gets

• less money paid out by the pt.

no deductible means

• the higher the premium

• the lower the premium

• not good insurance

• I have no idea what is going on