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Question:

The block-rate payment collected from patients for their share of the prescription cost is called a ____.

A copay
Explaination

Of the possible answer choices, this is the best one. Copays are the patient's portion of the prescription costs, computed at a block rate. Some patients may have a zero copay for certain drugs. There may also be a charge for coinsurance, which is a percentage of the drug cost payable by the patient.