Question
A health insurance policy has $1000 deductible and 80%20% coinsurance of the next $3000. The insured receivees a medical bill of $5000. How much does
A health insurance policy has $1000 deductible and 80%20% coinsurance of the next $3000. The insured receivees a medical bill of $5000. How much does the insured be responsible to pay?
A. 1000
B. 1800
C. 3000
D. 4000
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Corporate Finance Investment And Advisory Applications
Authors: Jesse McDougall, Patrick Boyle
1st Edition
1530116597, 9781530116591
