Payment Executive
Payment Executive Interview Questions and Answers
Q1. what is copay?
Copay is a fixed amount that an insured individual must pay out of pocket for a covered healthcare service.
Copay is a form of cost-sharing between the insurance company and the insured person.
It is a predetermined, fixed amount that the insured person pays at the time of receiving medical services.
Copayments can vary depending on the type of service or medication.
For example, a health insurance plan may require a $20 copay for a doctor's visit or a $10 copay for generic presc...read more
Q2. Introduce urself Strengths weakness
I am a highly motivated individual with strong communication and problem-solving skills. My weakness is that I tend to be a perfectionist at times.
Strengths: Communication, problem-solving, motivation
Weakness: Perfectionism
Example of communication strength: Successfully led a team of 10 in a project and ensured effective communication between team members
Example of problem-solving strength: Developed a new system to streamline processes and increase efficiency
Example of perfe...read more
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