n NISM Certifications
NSM General NISM
Medium

In health insurance, what does the term co-payment refer to?

Practice question from IC 38 Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A requirement to share a percentage of the claim amount

    Correct answer

  2. B

    A reduction in the total sum insured

  3. C

    A mandatory deductible for every claim

  4. D

    A reimbursement for additional medical expenses

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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