Maria's family has a health insurance plan. her mother has $350 deducted from her paychecks each month. when maria visited the doctor, her mother paid a $25 fee. the insurance company covered the rest of the cost of the visit. when maria's mother went to the hospital, her family was responsible for paying the first $1,000 of the bill. after this payment, the insurance company covered the rest of the costs.

read the passage about a family health insurance plan.

what is the $25 fee maria's mother paid when maria visited the doctor?

payout
deductible
co-payment
premium

The correct answer is Co-payment.

Co-pay is termed as the fixed amount which is got from the pocket which insured pays for the service covered. For example, if there is any prescription of drugs or doctor visits which are are not covered by the insurance.

Co-pay are being paid at the time when the service is done. In most insurance companies it is mostly $25 or even less than that.

Co-payment is the correct answer.

$25 fee is a co-payment which is being paid by Maria’s mother when Maria visited the doctor.

Further explanation:

Family health insurance plan:

The family health insurance plan covers the insured person and his/her family like parents and children for any illness or accident.

Justification for the correct and incorrect

A. Payout: This option is incorrect.

A payout is a kind of dividend amount or money.

B. Deductible: This option is incorrect.

A deductible amount is a kind of expense that has to be paid before an insurance policy.

C. Co-payment: This option is correct.

Co-payment is made by the patient or the insured person before the service taken. This amount is basically not covered in the insurance policy, and this has to be paid by the insured person on their own.

D. Premium: This option is incorrect.

Premium is a kind of charge or the extra amount which is being paid for an insurance policy.

Thus, a $25 fee is a co-payment which is being paid by Maria’s mother when Maria visited the doctor.

Learn more:

1. Insurance

2. Life Insurance

3. Insurance rules

Answer details:

Grade: High School

Subject: Business

Chapter: Insurance

Keywords: Maria’sfamily has a health insurance plan, her mother has $350 deducted from her paychecks each month,when Maria visited the doctor, her mother paid a $25 fee, the insurance company covered the rest of the cost of the visit,when Maria's mother went to the hospital, her family was responsible for paying the first $1,000 of the bill, after this payment, the insurance company covered the rest of the costs, read the passage about a family health insurance plan, payout, deductible, co-payment, premium, policy.

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