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A deductible is a portion of healthcare costs patients must pay before the insurer begins paying any benefits. After the deductible is met patients pay

A deductible is a portion of healthcare costs patients must pay before the insurer begins paying any benefits. After the deductible is met patients pay a reduced cost for treatment and the insurer pays the remainder. Which pricing approach does this practice most closely represent? Group of answer choices Marginal cost pricing Illegal price discrimination Multi-part pricing First degree price discrimination

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