Asked by jessica marzuki on Jun 04, 2024
Verified
The ________ is a fixed amount that must be paid by the policyholder each year before a third-party payer begins to cover medical expenses.
Deductible
The amount paid out of pocket by the policyholder before an insurance company will cover the remaining costs attributed to a claim.
Policyholder
An individual or entity that owns an insurance policy, thereby having the insurance cover for specified risks.
- Familiarize oneself with the criteria for being eligible for Medicaid.
Verified Answer
JH
Learning Objectives
- Familiarize oneself with the criteria for being eligible for Medicaid.