What does coinsurance mean in the context of dental billing?
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Correct answer: The patient pays a percentage of the service cost after deductible
Coinsurance refers to the portion of the cost (e.g., 20%) the patient pays after deductible is met, while insurance covers the remainder.
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More Billing, Insurance and Reimbursement questions
- Which type of dental plan typically requires the patient to choose a primary dentist and limits reimbursement to in-network providers?
- What is the “annual maximum benefit” in a dental insurance context?
- What is meant by “coordination of benefits” (COB) when a patient has multiple dental insurance plans?
- Which step comes first in the dental insurance billing process?
- Why is accurate documentation of completed procedures essential for reimbursement?
- If a dental claim is denied by the insurer, what should the dental office do first?