What is a co-payment (copay) under dental insurance coverage?
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Correct answer: A fixed amount paid by the patient for a specific service
A copay is a set fee the patient pays for each covered service. It is defined by the insurance plan rather than being a percentage of the cost.
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More Billing, Insurance and Reimbursement questions
- What does coinsurance mean in the context of dental billing?
- 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?