CHFP Module 1 Certification Test | Questions with 100% Correct Answers | Verified | Latest Update 2024

is a pre-determined amount that the patient pays before the insurer begins to pay for services - deductible a percentage of the insurance payment amount that is paid by the patient, along with the amount paid by the insurer. - coinsurance a flat amount that the patient pays at each time of service - copayment payment also includes amounts for services that are not included in the patient's benefit design and amounts for services balance billed by out-of-network providers. Payments typically does not include premium sharing by the patient. - Out-of-pocket payment The amount payable out of pocket for healthcare services, which may includes deductibles, copayments, coinsurance, amounts payable by the patient for services that are not included in the patient's benefit design, and amounts "balance billed" by out-of-network providers. Health insurance premiums constitute a separate category of healthcare costs for patients, independent of healthcare utilization. - Cost (to the patient)