Chiropractic Business Midterm Practice Exam

What is the set amount charged to patient per visit?

Deductible Coinsurance ICD 10 codes Copayments

Correct Answer:

Copayments

Explanation:

Copayments are the fixed dollar amount a patient pays at the time of a visit, as defined by the insurance plan. This per-visit fixed charge is what the patient is responsible for upfront, regardless of the total cost of the visit or services provided. That’s why it’s the correct answer. Deductible is the amount you must pay out of pocket before insurance starts sharing costs, not a per-visit fixed fee. Coinsurance is the percentage of costs you pay after meeting the deductible, typically a portion of the bill rather than a set amount. ICD-10 codes are diagnosis codes used for billing and classification, not for determining patient charges.

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