Question

What type of copayment is it when the insurance policy requires a copayment of $20 on all care transactions

Answer 1

flat rate copay

Step-by-step explanation:

Copay is generally a fixed amount or a fixed percentage of the medical expense that an insured must pay in order to receive medical attention or services. For example, every time I go to a doctor I pay $40, but if I need other specialized services it ranges from $80 - $120. In this case, this copay is fixed (always $20), so it is considered a flat rate copay.