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Assume that Jim has covered medical expenses in the amount of $2,000, and that he has a health insurance policy with a $1.000 deductible and

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Assume that Jim has covered medical expenses in the amount of $2,000, and that he has a health insurance policy with a $1.000 deductible and a 70 (insurer)-30 (insured) percent coinsurance clause. How much does he need to pay? A) 300 B) 600 C) 1030 D) 1400

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