How much would be owed by the patient on a $3,000 bill if a PPO uses a discount on charge arrangement wherein the percentage paid to the provider is 70% and the patient's co-pay, as specified by the PPO, is 20 percent?
A) $600
B) $700
C) $420
D) $200
Answer: C
Explanation: C) $3,000 × 0.7 × 0.2 = $420
Business
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