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JrobJrob JrobJrob
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6 years ago
A patient must pay 400 per year for medical expenses before the insurance company will begin to cover any expenses. Which of the following terms describes this payment?
 
 Co-payment
  Coinsurance
  Deductible
  Premium


Which of the following documents permits items to be purchased from a vendor?
 
 Statement
  Invoice
  Packing slip
  Purchase order
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#1
6 years ago
Deductible

Rationale: A deductible describes the amount of money required to be paid, per year, by a patient before an insurance company will begin to cover any expenses.

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Purchase order

Rationale: A purchase order permits items to be purchased from a vendor. It is a commitment from a pharmacy to pay for a specific item.
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