A set dollar amount you agree to pay up front each time you receive medical treatment,then the insurance company pays the rest. Premium Copay Claim Deductable

## Step 1<br />The problem is asking for the term that describes a set dollar amount that you agree to pay upfront each time you receive medical treatment, and then the insurance company pays the rest. <br /><br />## Step 2<br />Let's analyze each option:<br />- A premium is the amount of money that the insured pays for the insurance policy. This is not the correct answer because it is not a set amount paid each time you receive medical treatment.<br />- A copay is a fixed amount you pay for a covered health care service. This is the correct answer because it fits the description given in the problem.<br />- A claim is a formal request to an insurance company asking for a payment based on the terms of the insurance policy. This is not the correct answer because it is not a set amount paid each time you receive medical treatment.<br />- A deductible is the amount you pay for health care services before your health insurance begins to pay. This is not the correct answer because it is not a set amount paid each time you receive medical treatment.