Medical Billing Software Proficiency Certification

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A test costs $400 and is provided. The patient is responsible for $23.56 while the insurance company pays $300. What are the terms for the contractual discount and the patient's obligation?

$$76.44, coinsurance $$100, copay $$76.44, copay $$100, coinsurance

Correct Answer:

$$76.44, coinsurance

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