As a healthcare provider, you will likely encounter patients who pay co-payments or have co-insurance. The two may appear similar, but their purposes differ. You need to know the difference between the two in order to calculate payments. You may be emplo

Use your textbook, the Internet, or other resources to research the following. Write a one-page paper defining and explaining the difference between a co-payment and co-insurance.

Then answer the following questions:

1. What is a deductible? What would you do if you discovered that a patient who is waiting in the reception area to see the physician has not paid anything towards a deductible?
2. What is a premium? How is it different from a deductible?
3. What would you do if your patient paid by check, but the check came back due to "non-sufficient funds?"

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