Which of the following is considered a third-party payer?

A) Employer
B) Consumer
C) Healthcare provider
D) Insurance company

Question

Which of the following is considered a third-party payer?A)  EmployerB)  ConsumerC)  Healthcare providerD)  Insurance company

Angelyna Arizmendez · Accepted Answer

Final Answer : D, Explanation :  Consider the payers for healthcare as first,second,and third parties.First-party payers are the individuals,you as the seeker of the healthcare service,whether as an individual who is a private payer or as a member of a group plan with specified copays or minimums to be met.The second-party payers are the providers or plan administrators or the employer who collects premiums,pays,or copays for a group of individuals.Third-party payers are the insurers who have collected the premiums,assessed and accepted the risk of the group and reimburses the providers for providing the service.

Which of the following is considered a third-party payer?

A) Employer
B) Consumer
C) Healthcare provider
D) Insurance company

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Learning Objectives

Learning Objectives

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