If a patient receives a service worth $127 and has a $15 copayment, what is their estimated balance?

Study for the Physician Office Billing Test with our comprehensive flashcards and multiple choice questions. Each question includes hints and detailed explanations to ensure you're fully prepared. Master the billing process in physician offices and ace your exam!

To determine the estimated balance the patient would owe after receiving a service worth $127 and having a $15 copayment, it's important to understand how copayments work in medical billing. A copayment is a fixed amount that a patient is required to pay at the time of service, and it is typically subtracted from the total cost of the service when calculating the patient's balance.

In this scenario, the total charge for the service is $127. Since the patient has a $15 copayment, this amount is taken off from the total. When you subtract the copayment from the charge, the calculation is as follows:

$127 (total service charge) - $15 (copayment) = $112.

Thus, the estimated balance owed by the patient after applying the copayment is $112. This answer reflects the remaining amount the patient is responsible for after the copayment has been processed. The other figures do not accurately represent the patient's obligation after considering the copayment.

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