The Balderson family has a basic health insurance plan that pays 80 percent of supplementary medical expenses

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The Balderson family has a basic health insurance plan that pays 80 percent of supplementary medical expenses after a deductible of $250 per person. If three family members have prescription drug and other insured expenses of $980, $1340, and $220, respectively, how much will the Baldersons and the insurance company each pay?

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Personal Finance

ISBN: 978-0134724713

4th Canadian edition

Authors: Jeff Madura, Hardeep Singh Gill

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