[Verified Answer]: The three most common types of cost…

The three most common types of cost sharing in the U.S. healthcare system are copayment, co-insurance, and deductibles. Which option defines “copayment”? The percent you pay as a share of the cost for services The monthly amount you pay to be covered by insurance The amount you pay as your share of the cost for a medical service The amount you must pay for health care services before the insurance begins to pay the bills