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BaGiven the following information, how much will Carl and Jean's health insurance pay over the three-year period? Carl and Jean have a 14% coinsurance policy
BaGiven the following information, how much will Carl and Jean's health insurance pay over the three-year period? Carl and Jean have a 14% coinsurance policy which means they pay 14% and the insurance pays 86%. Suppose that their son George has a disease that lasts three years. In the first two years the medical costs for George are $10,723 per year. In the third year his expenses were $1,621. The rest of the family had total medical expenses of $1,231 per year, all included in their policy except for only $265 that was not covered by their policy.sed on the information given, how much will the Dennet family pay for medical bills during one year
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